The government aims to build infrastructure for 25 new industrial parks for the next three years, said Oleksiy Chernyshov, –

the Minister for Communities and Territories Development of Ukraine.  Speaking at the presidential Ukraine.30 Labor Resources forum, he said: “This will create hundreds of thousands of jobs in related sectors of the economy. Industrial parks are also platforms for investment by Ukrainians from abroad. Their advantages, in particular, are a low “entry barrier” and convenience for new investments.”

Of the 50 existing industrial parks, only 10 are working,

 said Chernyshov. This year, the government is investing $3 million to build infrastructure in four industrial parks. To jump start the rest, the Rada recently passed on first reading a bill that would, depending on levels of exports, compensate companies in industrial parks for up to 50% of the cost of connecting to the power grid and up to 70% of initial capital expenditures and loan interest payments. Two more bills in the Rada would give companies in industrial parks