Experts say that Bogdan may further decide to sell a 50-ha land plot it had bought for the construction project, according to the Kommersant-Ukraine newspaper. Bogdan official representative Serhiy Krasulya said that freezing of investments has affected all new projects of the company in Ukraine, Russia and Belarus 'because of difficult economic situation in the world'. Bogdan is now planning to focus only on the development of the existing business assets in Ukraine. The corporation already has capacities for bus semi-knock-down in Nizhny Novgorod, but there is no sense to launch them in view of the lack of demand. According to Bogdan officials, the company has already invested in the project about USD 20 million.