“Our goal is to increase the share of the processing industry in GDP from 8% to 20%. It is planned to attract $90B in investment for manufacturing enterprises over 10 years,” said Economy Minister Yulia Svyridenko.
She noted that the government offers several tools to support Ukrainian businesses. This includes ₴18B for 2024 under the 5-7-9% credit program, a planned ₴5.4B in grants for processing, and the return of the cost compensation program for purchasing agricultural machinery and supplies.
Also, next year, the Cabinet of Ministers will allocate ₴3B for state support of projects with significant investment. The plan provides an investment mechanism within the Ukraine Facility program to issue guarantees to international financial institutions and increase investment flow to Ukraine. This mechanism is expected to help attract $8B-$10B in 2024.