The Cabinet of Ministers of Ukraine has approved a list of goods that Astarta Agro Protein LLC can import without paying customs duties. These goods include equipment and components for a soybean processing plant currently under construction in the Poltava region. This decision was made as part of a special investment agreement signed between the Government of Ukraine and Astarta in October 2024.
The approval is based on the Law of Ukraine “On State Support for Investment Projects with Significant Investments”. Under this legislation, investors who sign a special investment agreement and commit at least EUR 12 million can receive benefits and incentives covering up to 30% of the capital investment. These incentives include reimbursement of expenses related to infrastructure development, connection to engineering networks, and partial compensation of invested funds through tax mechanisms. UkraineInvest provides comprehensive support to these investors at all stages of the investment process.
Astarta is the first company to use this legislative framework to implement its investment project.
As part of the ongoing government-business cooperation, Astarta hosted a working meeting with representatives of UkraineInvest, company executives and government officials. The discussion focused on reviewing the progress of the project and coordinating further steps to improve investment processes.
UkraineInvest provided advisory and organisational support to Astarta Agro Protein LLC throughout the preparation of the Special Investment Agreement. At this stage, UkraineInvest continues to assist the investor by providing comprehensive support at each stage of the project’s implementation, which contributes to its successful implementation in Ukraine.
The Astarta Agro Protein investment project is aimed at introducing advanced technologies for processing agricultural raw materials. With a total investment of EUR 76.6 million, the project will create 110 new jobs in Ukraine.
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