The representatives of the Ministry of Economy of Ukraine told how they plan to obtain 5 billion of investment this year

The representatives of the Ministry of Economy of Ukraine think that this year the investment will reach the pre-crisis level and amount to 5 billion USD thanks to concessions, support of large investment projects and industrial parks.

This information has been provided by the Deputy Minister of Economic Development Irina Novikova during the forum “Ukraine 30”.

According to her words, in order to achieve the number of 5 billion USD the Ministry has a range of instruments. The first instruments mentioned by her have been the public-private partnership and concession: last year the contract for 3,7 billion USD was signed in seaports, which will begin this year.

Mrs. Novikova has told, that in particular, the new projects start in such sea ports: “Chornomorsk” port, Chornomorsk ferry site, the first terminal and the terminal for containers in a port, 7 railway stations, which will be prepared by Ukrzaliznytsia”.

She has noted that on March 17, she received a letter from the International Finance Corporation (IFC), in which it was mentioned that “they will implement the project of the Lviv Regional Hospital in Lviv – in fact the first major project in the field of health care”.

The Deputy Minister has also emphasised the importance of the Law, which has been issued recently, concerning the state support of the invest projects with huge investment. The Ministry of Economy has begun to prepare the bylaws to the abovementioned Law. There is a great demand for the use of this Law in the form of dozens of letters from Ukrainian and foreign investors. In particular, “there are even 2 potential projects that are of the order of a billion dollars”.

According to the Deputy Minister the regulatory base is planned to be finished in June-July of this year.

In addition to this, the inflow of investment will be affected by the centers of creative economy and the development of industrial parks, “when we offer ready-made land with all utilities and combine with the law to support projects with significant investment, we already save time and money for investors”. And in such a way the fastest possible investment and construction of new facilities in Ukraine is stimulated”.

 

Reference source: Ekonomichna pravda

 

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