The Cabinet of Ministers is launching a mechanism for state support for projects with significant investments

The CMU adopted the procedure for providing compensation for the cost of the engineering and transport infrastructure facilities built by the investor with significant investment and compensation for the costs of connection to the engineering and transport networks necessary for the implementation of the project.

This year, 3 billion UAH has been allocated to support such investors in the budget.

Investors who plan to implement a project worth 12 million euros and up to 5 years in Ukraine in the spheres of processing industry, extraction of minerals for further processing or beneficiation, transport, logistics, education, scientific activity, health care protection, waste management, art, culture, tourism, sports, electronic communications will be able to receive state support. 

For support in the preparation and implementation of an investment project with significant investments, the applicant should contact UkraineInvest for information and advisory assistance.

Investors may receive several types of support from the state, amounting to up to 30% of the amount of an investment project with significant investments. In particular: preferential right to use land plots of state or communal property, compensation for the costs of construction of engineering and transport infrastructure facilities and costs for connecting to engineering and transport networks, tax benefits, duty-free import of necessary equipment and exemption from compensation for losses of forestry production.

The projects should provide for the construction, modernization, technical or technological re-equipment of the relevant investment objects and the creation of new jobs. The investor must create at least: 10 new jobs with a salary at least 50% higher than the average salary in the region for the same type of activity, or 30 new jobs with a salary at least 30% higher than the average salary in the region for the same type of activity, or 50 new jobs with a salary at least 15% higher than the average salary in the region for the same type of activity.

More details: http://surl.li/rqxaz

 

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