Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest (14 – 18 October 2024)

Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest (14 – 18 October 2024)

The Government of Ukraine has signed the first investment agreement to support large investment projects.
A programme to support projects involving significant investment has been launched in Ukraine. The Cabinet of Ministers of Ukraine, on the one hand, and Astarta-Kyiv LLC and Astarta Agro Protein LLC, on the other, have entered into a special investment agreement. The agreement provides for state support for the construction of a 500 tonne per day soybean meal processing plant in the Poltava region and the creation of 110 jobs.
http://surl.li/xoybxj

UkraineInvest has updated the guide “State support for investment projects with significant investments”.
The UkraineInvest team has updated the guide for potential investors ready to implement investment projects in Ukraine worth EUR 12 million or more. The guide provides comprehensive information on state support for investment projects with significant investments, as well as the mechanisms by which companies can access a range of incentives and benefits.
http://surl.li/uqygzd

At the invitation of PAIH, the UkraineInvest team visited Poland to share experiences and deepen partnerships.
Representatives of UkraineInvest took part in an intensive programme to familiarise themselves with the approaches and business support tools offered by PAIH to Polish and international investors. They also presented Ukrainian legislation on investment attraction to the Polish side and talked about the first results of the implementation of new initiatives.
http://surl.li/tfjirp

Three industrial parks will receive UAH 171 million in state funding.
UAH 171.4 million has been allocated from the state budget for the construction and modernisation of industrial park infrastructure. The support will cover key projects in the following parks: Bila Tserkva 2 (Kyiv region), VinIndustri (Vinnytsia) and City of Glass (Kyiv region). These investments will create the necessary conditions for attracting investors and developing production capacities.
http://surl.li/uiquvx

The Black Sea Trade and Development Bank and the Japan Bank for International Cooperation will provide up to USD 150 million for Ukraine’s recovery projects.
The Black Sea Trade and Development Bank (BSTDB) has received a credit line of up to USD 150 million from the Japan Bank for International Cooperation (JBIC) to support projects in Ukraine and promote green initiatives.
http://surl.li/xdtlsm

Atlas Global Energy, a company with Turkish investment, will build a wind farm in the Zhytomyr region.
Atlas Global Energy is a renewable energy development company operating in Ukraine since 2016, with a portfolio of more than 300 MW of wind and photovoltaic projects.
http://surl.li/xctlfe

The European Bank for Reconstruction and Development and the International Finance Corporation, together with the European Commission and the French Government, are investing USD 435 million to support and develop Ukraine’s telecommunications sector.
The investment will support the implementation of a unified telecommunications platform, licences and equipment needed to expand Ukraine’s fixed and mobile infrastructure.
http://surl.li/zjvsoj

The list of unreliable investment projects has been extended by 19 cases.
The National Securities and Stock Market Commission has added 19 cases to its list of unreliable investment projects. In total, the NSSMC’s list contains 357 names.
http://surl.li/ignhyn

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