How ‘Made in Ukraine’ helps to rebuild the economy

The ‘Made in Ukraine’ programme, initiated by President Volodymyr Zelenskyy and implemented by the Government of Ukraine, is a comprehensive initiative aimed at supporting domestic producers and strengthening the national economy.

The initiative goes beyond consumer goods and includes several key areas: providing Ukrainian manufacturers with priority access to public procurement; introducing programmes to stimulate demand for Ukrainian products; offering affordable loans and grants for investment and production expansion; promoting investment in the real sector and modernisation; and encouraging the development of non-commodity exports.

According to Ihor Marchuk, Chairman of the Subcommittee on State-Business Interaction and Investment of the Verkhovna Rada Committee on Economic Development and a member of the UkraineInvest Supervisory Board, the implementation of the ‘Made in Ukraine’ programme has already yielded significant results. The platform’s initiatives have contributed 0.64% to GDP growth, amounting to UAH 88 billion. The programme is primarily funded by international partners, while taxes paid by participating companies are reinvested in the state budget.

Key achievements of the programme

• Localisation requirement for public procurement: from 2025, at least 25% of mechanical engineering products procured through public tenders must be produced locally. There are plans to extend the localisation policy to other industries, including light manufacturing and defence production.

• Support for agricultural machinery manufacturers: the number of Ukrainian enterprises participating in the 25% cost compensation programme for agricultural machinery has reached 138, producing a total of 11,745 units of equipment.

• Expansion of the equipment compensation programme: the 15% compensation programme for the purchase of Ukrainian-made equipment, including power equipment, municipal and special-purpose vehicles, and lifts, has been extended until 2025.

• Boosting the construction sector: the eOselia housing programme not only provides citizens with housing, but also stimulates demand for Ukrainian construction materials.

• National Cashback Programme: by 2024, more than 1,600 Ukrainian manufacturers will have registered for the National Cashback Programme.

• Affordable loans for business development: the 5-7-9% loan programme has been extended to 2025, with the budget remaining at UAH 18 billion and the focus shifting to investment purposes.

• Investment grants for manufacturing: the government’s UAH 8 million grant programme for manufacturing companies has been made more accessible – applicants must now create at least five jobs instead of 25.

• Energy independence for enterprises: a package of programmes to promote energy self-sufficiency has been introduced, including preferential loans for energy equipment, exemption from import duties and VAT on energy equipment, the “Active Consumer” programme, simplified procedures for installing self-generation, electricity import options, and subsidies for Ukrainian-made energy equipment.

• Investment protection against war risks: in 2024, the Ukrainian Export Credit Agency began offering insurance for investment projects against war-related risks. Similar insurance is also available through the international agencies MIGA and DFC.

• Facilitation of large investments: the government has approved the first agreements under the Large Investment Facilitation Programme, with investments exceeding EUR 12 million.

• Development of industrial parks: a total of 25 new factories have been built or are under construction in industrial parks. For the first time in Ukraine’s history, the government has invested in 34 industrial park infrastructure projects, allocating over UAH 1 billion.

• Expanding non-commodity exports: the government is negotiating the extension of free or preferential access for Ukrainian goods to the markets of the EU, the US, Canada, the UK and other countries.

These initiatives are part of a broader strategy to reduce poverty and increase the share of manufacturing in GDP from 10.3% to 20%.

Industrial development plays a crucial role in Ukraine’s economic resilience, strengthening the defence sector, creating jobs and reducing dependence on foreign aid.

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