Business news from Ukraine

Business news from Ukraine

Bio-Lan industrial park is being built in Ternopil region

28 March , 2025  

The Bio-Lan Industrial Park, which is being built in Ternopil region, will help increase grain processing capacity and stimulate the development of alternative energy sources in the region, said Vyacheslav Nehoda, head of the Ternopil Regional Military Administration.

According to the Ternopil Regional Military Administration’s Facebook post, the functional purpose of the Bio-Lan industrial park is the processing industry – bioethanol and biogas production. The planned real estate objects include office, retail, industrial and warehouse premises; engineering buildings.

“The construction of the main engineering and transport infrastructure of the industrial park (access roads and railways, water supply and sewage networks and facilities, gas supply), an elevator complex and warehouse buildings with an oil transfer station, reconstruction of the administrative building, as well as the construction of the main facilities for bioethanol production and biogas production are currently underway,” the UBA said.

The industrial park is expected to create more than 200 jobs, attract EUR110 million in investments, and provide UAH 7 million in local budget revenues annually.

Four industrial parks are currently registered in Ternopil region. Three more will be established by the end of the year.

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