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Kyiv is a leader in investment activity in Ukraine
10
OCT

2018

Kyiv is a leader in investment activity in Ukraine

Kyiv is a leader in investment activity in Ukraine. This was stated by the first deputy chairman of the Kyiv city state administration Mykola Povorosnyk during a speech at the business forum in London, where he is on a business trip.

"Kyiv is the largest economic, financial, scientific, educational and cultural center of Ukraine that embodies the contemporary world trends of social development and the latest technologies, the city of numerous opportunities with comfortable business and living conditions. Due to its industrial, scientific and cultural potential, the city has a large number of leading specialists in various fields such as industry, information technologies, trade, real estate, finance, etc., and those who seek a modern and high-quality education", - said Mykola Povorosnyk.

According to him, capital has always been a leader and catalyst for progressive social and economic reforms across the country.

"The city authorities fully support and promote the implementation of the economic processes that are taking place in our country, first of all, it directs its activities to increase the welfare of the population and to resolve a number of social and economic problems," Mykola Povoroznyk emphasized.

Thus, the new edition of the Strategy for the Development of Kyiv until 2025 is approved - the basic document of the city, within the framework of which the city moves in three key directions:

- the increase of competitiveness;

- increasing the comfort of life;

- preservation of historical identity and the development of culture.

"The economy of the city focuses on the largest share of the country's investment resources: about 60% of the national volume of foreign direct investment and more than 30% of the total volume of capital investments in Ukraine. Our task is not only to achieve, but also to maintain the position of the leader and provide the most favorable conditions for conducting investment activity. One of the main prerequisites for attracting investments to Kyiv is the openness and transparency of the activities of the city authorities aimed at the maximum simplification of business conditions, reliability, and stability in cooperation with partners, the introduction of the latest technologies into the city management system. Among the latest innovations: the open budget of Kyiv, the system of electronic purchases PROZORRO, the Information-analytical system "Mayno", the "Safe City" system, the system "Ehealth", the tourist services of the city: the portal www.visitkyiv.travel, the mobile application Kyiv City Guide, a Kyiv Pass card and an online platform InvestInKyiv," said Nikolai Povoroznyk.

According to him, the city provides comprehensive support in the implementation of investment projects in the field of investment consulting, as well as in the direct accompaniment and preparation of investment projects.

"The municipal enterprise "Kyiv Investment Agency" is the window of interaction between the city authorities and the investor, the main consultant and the base platform for the further realization of investment projects in the capital. Over the past three years, based on the results of investment competitions, 49 investment agreements have been concluded for a total investment of over 3 billion UAH. At the moment, the capital investment agency has formed a package of more than 50 investment proposals in the following areas: development of information and communication technologies, construction of medical, preschool and general educational institutions, recreation facilities, housing construction, etc. "- said Mykola Povoroznyk.

He noted that, in order to attract investments in the development of socially important spheres of life in Kyiv, the city authorities apply additional tools for business support, in particular: providing a 30% discount on rental payments under property lease agreements that belongs to the communal property of the territorial community of Kyiv; the establishment of an annual rent of 1 UAH for the lease of property belonging to the communal property of the territorial community of Kyiv for business entities providing educational services; financial and credit support of small and medium enterprises in Kyiv (50 % compensation of the nominal interest rate set by the loan agreement).