Annual investment of $15 billion in Ukraine

by Roman Cheplyk
Wednesday, December 15, 2021
Annual investment of $15 billion in Ukraine

According to the prime minister, Ukraine plans to attract $15 billion annually by 2030, but this year the volume of foreign investment will be $6.5 billion.

However, most of this amount of investment is the result of the fact that companies with foreign capital reinvest their income and profits in their activities and development.

The prime minister of Ukraine said that country has the tools to help achieve these ambitious goals.

He reminded about the law on investments, which introduces a system of state incentives for large investment projects – several benefits for investment projects amounting to over $20 million.

Two applications from investors for state support were submitted this week. The total investment in these two applications is more than $96 million. The projects will be implemented in the areas of agricultural processing and the production of insulation materials, mineral wool, etc.

Executive director of UkraineInvest Serhii Tsivkach added that the priority projects in agricultural processing, pharmaceuticals, automotive industry, medical research, electronics, and electrical equipment.

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