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The government is launching a mechanism of state support for investment projects with significant investments
20
MAR

2024

The government is launching a mechanism of state support for investment projects with significant investments

At the meeting on March 15, the Cabinet of Ministers adopted the procedure for providing compensation for the cost of the engineering and transport infrastructure facilities built by the applicant/investor with significant investments and compensation for the costs of connecting and joining the engineering and transport networks necessary for the implementation of the project. This is stated in the message of the Ministry of Economy of Ukraine.

According to the First Deputy Prime Minister of Ukraine - Minister of Economy Yuliya Svyridenko, investors who are ready to implement projects worth 12 million euros or more in Ukraine will receive maximum assistance and support in the form of support, tax and customs benefits, compensation for the costs of the constructed objects engineering and transport infrastructure or connection to engineering and transport networks, etc. For this purpose, this year, UAH 3 billion has been allocated to the budget to support such investors.

According to the message, investors who plan to implement a project in Ukraine with a cost of 12 million euros and a duration of up to 5 years in the fields of processing industry, extraction of minerals for further processing or beneficiation, transport, logistics, education, scientific activity will be able to receive state support. , health care, waste management, art, culture, tourism, sports, electronic communications.

Investors can receive several types of support from the state, which make up to 30% of the amount of an investment project with significant investments. In particular:

preferential right to use land plots of state or communal property;

compensation for construction costs of engineering and transport infrastructure facilities and costs for connection to engineering and transport networks;

tax benefits;

duty-free import of necessary equipment;

exemption from compensation for losses of forestry production.

The projects should provide for the construction, modernization, technical or technological re-equipment of the relevant investment objects and the creation of new jobs. The investor needs to create at least:

10 new jobs with a salary at least 50% higher than the average salary in the region for the same type of activity;

or 30 new jobs with a salary at least 30% higher than the average salary in the region for the same type of activity;

or 50 new jobs with a salary at least 15% higher than the average salary in the region for the same type of activity.

For support in the preparation and implementation of an investment project with significant investments, the applicant should contact UkraineInvest for information and advisory assistance.