Over the past six months, the UkraineInvest team has simultaneously supported significant investment projects worth more than EUR 2 billion. With the help of UkraineInvest, projects worth EUR 232 million have already been submitted to the Ministry of Economy for recognition of these investments as significant and for state support under the law.
Investment legislation in Ukraine is proving to be effective. Thanks to this mechanism, investors are able to implement a significant project for less money, effectively receiving a “discount” of up to 30% on project implementation in Ukraine. This provides a significant competitive advantage over other market participants.
This was stated by Oleksandr Melnychenko, Acting Executive Director of UkraineInvest, during the conference ‘Investing in a full-scale war – prospects for Poland and Ukraine. Economic and regulatory security’.
He also noted that the Law on Significant Investments provides for a number of significant preferences for investors, including
“Is there any country in the world that fought for its independence for 917 days in a war against a country with nuclear weapons, and at the same time developed its investment policy, legislation and practice, thereby working to restore the country? Ukraine is the only country in the world that has fulfilled the political will of the President of Ukraine, adopted European investment legislation and ensured the functioning of the institutional component of significant investments in the person of UkraineInvest,” said Oleksandr Melnychenko.
UkraineInvest was also represented at the event by Nazar Kohut, an Investment Advisor.
UkraineInvest is grateful to the organisers of the conference, the Polish-Ukrainian Chamber of Commerce and the Polish Investment and Trade Agency PAIH, for their many years of fruitful cooperation and for traditionally serving as a platform for bilateral business dialogue between our countries.
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