The Ukrainian government has identified the most promising areas for investment and offers state support programs.

Friday, May 3, 2024
The Ukrainian government has identified the most promising areas for investment and offers state support programs.

Last year, despite the war, foreign investors invested $4.25B in Ukraine’s economy, said Minister of Economy Yulia Svyrydenko.

“The government, together with the private sector, has identified several sectors that, in our view, should give the greatest boost to GDP growth. These are specific projects with the involvement of private investors in such sectors as energy, agricultural production, the processing industry, transport, logistics, IT, and critical materials,” she emphasized.

It is noted that the government has several tools for developing both small and medium-sized businesses and offering support for large manufacturers. In particular, ₴45B ($1.15B) has been allocated to support manufacturers as part of the Made in Ukraine economic policy.

In addition, the government offers foreign investors opportunities to enter the Ukrainian market and succeed, including insurance infrastructure against military risk, industrial parks, tax benefits, and support for projects with significant investment (over €12M).

Another important factor is the investment component of the Ukraine Facility program – the Ukraine Investment Framework, which will attract up to €40B.

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Ukraine is working on new housing modernization and studying the EU’s experience.

Ukraine is working on new housing modernization and studying the EU’s experience.

Next post
Effects from the war on small and medium-sized businesses in Ukraine have largely been overcome.

Effects from the war on small and medium-sized businesses in Ukraine have largely been overcome.

Previous Main Topics