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Government prolongs activities to building a network of industrial parks in Ukraine

04 Jun, 2022
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Government prolongs activities to building a network of industrial parks in Ukraine

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At a meeting of the Cabinet of Ministers of Ukraine, a decision was made to include two new objects in the relevant Register. We are talking about:

  • Maramures Industrial Park in the Zakarpattia region to develop the woodworking industry and furniture production;
  • L-TOWN industrial park in Kyiv region, where companies specializing in agro-industry and machine building will be concentrated.

Businesses located within industrial parks will have an opportunity to take advantage of financial incentives in the future, including full or partial compensation of interest rates on loans for the construction of production facilities and further activities of companies, reimbursement of connection and engineering network costs.

Industrial parks are hubs of development of the Ukrainian economy. Access to infrastructure, logistics, manpower, tax and customs benefits, which will operate at these facilities, create opportunities for unhindered business activities being of peculiar importance in wartime.


The Odessa Journal

The Odessa Journal

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