Ukraine offers foreign businesses a wide range of investment opportunities in the most promising sectors. This was emphasized by Prime Minister Denys Shmyhal during a business forum with Austrian business representatives in Kyiv.
The Ukrainian Prime Minister stated that investing in Ukraine means investing in a future EU member, and the country's reconstruction will be the largest project of its kind in Europe in the past 80 years.
According to Shmyhal, energy is one of the strategic sectors attractive to investors.
“We plan to develop nuclear energy, invest in the green transition, and expand electricity trade with European countries. Ukraine has the second-largest gas reserves on the continent and the biggest gas storage facilities in Europe. This infrastructure requires large-scale modernization and investment,” he noted.
Critical raw materials are another key area of cooperation, with Ukraine and the EU having signed a partnership memorandum in 2021. Shmyhal expressed confidence that collaboration in this field will bring mutual benefits.
He also highlighted construction and infrastructure as promising sectors:
“Both now and after the war, we will need vast amounts of building materials and new technologies for rebuilding and constructing housing, roads, bridges, railways, and social infrastructure.”
Shmyhal emphasized the attractiveness of investing in Ukraine’s defense industry.
“Ukraine is investing billions of dollars in this sector. We are opening R&D centers and developing modern dual-use technologies. We look forward to close cooperation with our partners in this area,” he stated.
The Prime Minister described agriculture as not only a highly profitable business sector but also a key element of global food security.
“Our ambition is to become a global hub for agricultural product processing,” he stressed.
Shmyhal also highlighted Ukraine’s leadership in digitalization of public services and its globally recognized cybersecurity expertise. Additionally, Ukraine ranks second among Central and Eastern European countries in the number of companies working on artificial intelligence. He noted that investing in digitalization and high-tech sectors guarantees access to cutting-edge technologies and highly qualified specialists.
