The main incentives in the current legal field include the opportunities, prescribed by the Law of Ukraine “On State Support for Investment Projects with Significant Investments in Ukraine”. For projects with over EUR 20 mln of capital investments Ukraine provides state support in the amount of up to 30% of CAPEX in forms of tax and customs exemptions, lease of state or communal land plots without auction, construction of related infrastructure (highways, electricity and gas supply, etc.). Investors that implement investment projects within industrial parks can apply for up to 10 years of corporate income tax exemption.
Sergiy Tsivkach said this while presenting Ukraine’s investment opportunities to European businesses during Reconstruction of Ukraine: Mapping Investment Opportunities with the “Ukraine Investment Map”.
He also noted that all sectors of the economy in Ukraine require investments. However, according to UkraineInvest, the reconstruction of Ukraine creates powerful investment opportunities in five sectors of the economy:
– agri-processing;
– logistics;
– production of building materials;
– green investments (projects related to decarbonization);
– vehicles and electric vehicles manufacturing.
The Executive Director of UkraineInvest called on European businesses to cooperate and implement joint projects in the context of Ukraine’s reconstruction and economic transformation.
The event, organized by the EBA in partnership with the Representation of the State of Hessen to the EU, took place in Brussels on the 5th June, where the investment map and opportunities of Ukraine were presented to European business. Successful entrepreneurs and business leaders, who have already invested in Ukraine and have first-hand experience with the local business landscape, shared their ideas with each other. The discussion helped both experienced investors and newcomers to better understand the Ukrainian market.
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