Friday, April 26, 2024

UKRAINE INCREASES INVESTORS'S CONFIDENCE WITH THE SUPPORT PROGRAM FOR PROJECTS WORTH OVER 12 MILLION EUROS

 


Exciting news from Ukraine for investors! Today the Cabinet of Ministers gave the green light to a program aimed at supporting significant investment projects, and the benefits are substantial.
Investors taking on projects valued at EUR 12 million or more, with a duration of up to 5 years, are set to receive maximum assistance from the state.
This assistance package covers various areas, from financial aid to tax and customs benefits, as well as reimbursements for infrastructure costs and network connections. The commitment is evident, with a substantial UAH 3 billion already allocated in the budget to support and compensate these efforts.
But that's not all - the Government is also adapting to global challenges by updating the charter of the Export Credit Agency of Ukraine. This move allows for the insurance of new investments against the risks associated with war, a crucial step in promoting confidence and stability for both foreign investors and domestic companies venturing into the Ukrainian market.
With these transparent and supportive measures in place, Ukraine is signaling its readiness to welcome and nurture significant investment projects, driving economic growth and fostering a robust environment for development and investments.


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