Ukraine will attract more than $ 1 bln in potential investments through the work of invest nannies

Tuesday, May 18, 2021
Ukraine will attract more than $ 1 bln in potential investments through the work of invest nannies

Within the framework of the Law of Ukraine “On state support of investment projects with significant investments in Ukraine”

In three months, 15 requests were received from potential investors. "The Law of Ukraine" on State Support of Investment Projects with Significant Investments in Ukraine "provides additional impetus to Ukrainian and international investors and promotes Ukraine's integration into global production and supply chains. We are doing everything possible to encourage those who are already successfully working in Ukraine to invest more, as well as to attract new investors who see Ukraine as a location for the location of their enterprises," said Minister Oleh Nemchinov.

Among the main investment incentives provided by law:

- exemption from taxes and import duties

- construction of infrastructure facilities at the expense of state and local budgets

- simplification of the procedure for granting land plots. With an investment of more than € 20 million and the creation of 80 jobs

- investors will be able to receive state support, which will amount to 30% of the investment.

Invest nannies will assist investors in the process of preparing an investment project, in particular, applying, communicating with public authorities and local governments. Dmytro Oliynyk, general director of the Economic policy directorate of the Office of the President of Ukraine, stressed that attracting foreign investment into Ukraine's economy is a priority for Ukrainian President Volodymyr Zelensky. Ambassador extraordinary and plenipotentiary of Ukraine to the United States Oksana Markarova stressed the need to work to improve the business climate in Ukraine. At the same time, in her opinion, such initiatives as the law on investment incentives should be implemented, as this will not only increase investment in the Ukrainian economy but also help attract investors who are willing to participate in changing the business environment in Ukraine. In this context, she noted the importance of expanding cooperation with the United States as a strategic partner in many areas, from political and security to business.

Regardless of which investor

- Ukrainian or foreign

- he can take advantage of special preferences in accordance with the law on "investment".

The benefits apply to investments in excess of € 20 million.

According to the Government portal.

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