The Government has approved a new Procedure for providing state stimulation of industrial parks creation and functioning. Accordion gto it the financing will be provided for construction of engineering and transport infrastructure sites, required for creation and operation of industrial parks, as well as compensation of connection to the transport and engineering networks. The decision was adopted at the meeting of the Cabinet of Ministers of Ukraine on June 4, 2024.

The maximum size of stimulation is 150 million UAH while co-financing is divided 50 to 50. 

The new Procedure also provides for the introduction of certain safeguards. Each applicant undertakes to build at least 5,000 square meters on the territory of the industrial park within 3 years and to attract at least 2 participants. If the conditions are not met, the applicant must return all spent budget funds to the state.

In order to join the programme, you must:

Submit an application to the authorized bank by August 15;

The bank will check the application;

The Ministry of Economy of Ukraine will check the documents and make a decision on providing assistance;

In the case of a positive decision, a contract shall be concluded;

Funds will be transferred to a special account and payment will be made after the work has been completed and the applicant has paid his share.

For investors, industrial parks solve several urgent problems at once: the issue of land, connection to networks, the availability of an industrial building, and reducing the cost of equipment.

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