Government funded UAH 259.3 million for five industrial parks

The Ministry of Economy allocated approximately UAH 259.3 million to five industrial parks for the construction of roads, power networks, water supply and treatment facilities under the "Made in Ukraine" program.

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The Ministry of Economy has decided to provide approximately UAH 259.3 million to five industrial parks for infrastructure development under the "Made in Ukraine" program.

Allocation of funding

  • Industrial Park "Syhnivka" (Lviv region) — UAH 35 million for laying power supply networks, fire-fighting water supply, heat supply and a stormwater drainage system;
  • Vinnytsia Industrial Park (Vinnytsia region) — UAH 33.9 million for road infrastructure, water supply networks and construction of a transformer substation;
  • Industrial Park "Dolyna Stryi" (Lviv region) — UAH 63.9 million for external power supply networks, water supply and sewerage and reconstruction of the access section of the road to the park;
  • Industrial Park "Kryvbas" (Dnipropetrovsk region) — UAH 21.8 million for the first phase of external engineering networks;
  • Industrial Park "Fruit Industry" (Chernivtsi region) — UAH 104.7 million for construction of local wastewater treatment facilities.

The Syhnivka park and Vinnytsia Industrial Park already received funds last year for co-financing infrastructure; this time they applied to the Ministry of Economy to bring funding up to the maximum limit of UAH 150 million per park.

Program objective

The "State Incentives for the Creation of Industrial Parks" program, approved by Cabinet of Ministers Resolution No. 644, is aimed at developing engineering and transport infrastructure under co-financing arrangements.

The list of works includes construction and modernization of roads, power grids, water supply and sewage systems, gas supply and other technical components necessary to launch production sites.

Number of parks and other decisions

To date, 112 industrial parks are registered in Ukraine across most regions of the country.

On November 24, the Ministry of Economy also decided to allocate UAH 81 million in state incentives to two companies managing industrial parks.

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