MEDT told how to attract $ 5 billion in investments

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MEDT told how to attract $ 5 billion in investments

19.03.2021 News

Ukraine plans to attract $ 5 billion in investments this year. Deputy Minister of Economic Development Iryna Novikova stated this at the Ukraine 30 business forum.

The Ministry of Economy believes that this amount of investment will be able to attract thanks to concessions, support for large investment projects and industrial parks.

Thus, Novikova noted that earlier contracts worth $ 3.7 billion were signed in seaports. The implementation of these contracts will begin this year.

“The port of Chernomorsk, the Black Sea ferry, the first terminal and container terminal in the port, seven railway stations, prepared by Ukrzaliznytsia,” the deputy minister listed the facilities under concession.

She also reminded of the law on state support of investment projects with significant investments, for which the Ministry of Economy began to prepare bylaws.

According to Novikova, there is a great demand for the use of the bill in the form of dozens of letters from Ukrainian and foreign investors. In particular, “there are even two potential projects of about a billion dollars.”

The agency plans to complete the regulatory framework in June-July this year.

In addition, the Deputy Minister said, the inflow of investment will be influenced by the centers of creative economy and the development of industrial parks.

According to the State Statistics Service, last year capital investments in the economy of Ukraine fell by 38.2% and amounted to UAH 419.8 billion.

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