The integral indicator of the Investment Attractiveness Index of Ukraine slightly reduced in 2023 - up to 2,44 points out of 5 possible (2,48 points in the second half of 2022).

These are the results of a new wave of research conducted by the European Business Association with the analytical support of Gradus Research.

Despite the war, 32% believe that it will be profitable for new investors to enter Ukraine (17% of respondents thought so a year ago). At the same time, 57% of surveyed companies already present on the Ukrainian market are going to invest in Ukraine during the war, and 79% are ready to join the reconstruction process.

The assessment of the dynamics of the investment climate for the previous year remains moderate. Almost half of the respondents, namely 48%, mention about the deterioration of the investment climate, 39% believe that there have been no significant changes, and 13% believe that the investment climate has improved. During the next six months, 38% expect further deterioration of the situation, and 48% believe that the investment climate will not undergo significant changes. At the same time, 14% of top managers say about an improvement in the situation in the first half of 2024.

Russia’s full-scale military aggression against Ukraine continues to be the first in the list of factors that have a negative impact on the investment climate, followed by corruption and a weak judicial system. Among the positive changes, business leaders highly rated Ukraine’s status as a candidate for EU membership, deregulation initiatives, and digitization of public services.

More details: https://bit.ly/3tCNwq1