Diplomacy

Shmyhal names Ukraine’s most promising sectors for U.S. investment

Shmyhal names Ukraine’s most promising sectors for U.S. investment
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Prime Minister Denys Shmyhal stated during a meeting with representatives of the American Chamber of Commerce that the most promising sectors for investment in Ukraine are the defense industry and the military-tech sector.

“We held a meeting today with representatives of the American Chamber of Commerce. I’m grateful for their faith in Ukraine, for their business activity, for the implementation of business projects, and for their contribution to our resilience and shared future,” Shmyhal said.

According to the Prime Minister, despite the harsh wartime conditions, the government continues to introduce changes and implement reforms aimed at improving the business climate.

In particular, large-scale deregulation is underway. More than 1,900 regulatory acts across various sectors have already been repealed. A new draft law recently submitted to the Verkhovna Rada proposes to eliminate an additional 63 ineffective regulatory tools.

 

 

The government’s priorities include fighting corruption and updating personnel, integrating with the EU, digitalizing customs services, and developing modern infrastructure.

In the field of privatization, thousands of assets have found new effective owners. Shmyhal believes this will accelerate economic recovery and generate new jobs.

There are already around 100 industrial parks in Ukraine. The state co-finances the construction of engineering and transport infrastructure and partially reimburses the cost of connecting to power grids.

The government is also working on a range of targeted solutions recently discussed with business representatives.

“I placed special emphasis on reconstruction. This is a unique opportunity for businesses to invest successfully and gain exceptional advantages. We consider the defense industry and military-tech sector to be the most promising. Other investment priorities include energy, construction, manufacturing, and the extraction and processing of mineral resources. We invite companies to join us in building a strong and thriving Ukraine,” Shmyhal emphasized.

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