Ukraine is working to solve the problem of high-tech development and intend to build a powerful system of industrial parks in every region of the country, said President of Ukraine Volodymyr Zelensky.
“We have an important and ambitious goal for the development of industrial parks. This is a world-wide principle of organizing industry, which is an effective tool for attracting investment,” Zelensky said during his speech at the “Ukraine 30. Infrastructure” forum on Monday.
He recalled that currently there are 46 industrial parks in Ukraine, but “most of them are on paper, without the necessary infrastructure, without communications, without roads.”
Zelensky also noted that the construction of social infrastructure facilities throughout the country is now actively continuing.
National bank of Ukraine’s official rates as of 22/02/21
Source: National Bank of Ukraine
The Metinvest Group, taking into account associated companies and joint ventures, transferred UAH 22.1 billion in taxes and fees to budgets of all levels in 2020, which is 5% higher than the level of the year before last.
According to a Friday press release of the company, the largest payment of the group’s total payments was income tax. Last year, Metinvest enterprises paid more than UAH 5.2 billion of this tax to the treasury, which is one third less than in 2019.
This is followed by a single social security contribution, the payment of which increased by 18% compared to 2019, to UAH 5.2 billion.
Metinvest enterprises last year transferred UAH 4.7 billion of personal income tax to the budgets, which is 17% more than in 2019.
In addition, the sources of receipts of the state and local budgets in 2020 were the payment for the use of subsoil in the amount of UAH 2.2 billion, the environmental tax of UAH 789 million and the land fee of UAH 713 million.
President of Ukraine Volodymyr Zelensky has made changes to the composition of the Council for Financial Stability of Ukraine, the website of the head of state has said.
In accordance with decree No. 60/2021 “On Amendments to the Regulations on the Financial Stability Council”, the Council includes the Deputy Head of the President’s Office, which is responsible for economic policy issues, as well as another Deputy Head of the National Bank of Ukraine (previously there was one deputy) who take part in its work on a voluntary basis.
Also, according to the new amendments, from now on, a meeting of the Council will be legally qualified if at least six members of the Council are present, including at least one representative from the National Bank of Ukraine and the Ministry of Finance of Ukraine.
In addition, decisions of the Council will be made by a qualified majority of votes of the members of the Council present at the meeting (at least five votes – if six members of the Council take part in the meeting, or at least six votes – if seven or eight members of the Council participate in the meeting).
It is noted that the decree comes into force on the day of its publication.
South Korean Hyundai Corporation is preparing to start negotiations on the possible localization of high-tech production in Ukraine.
“Hyundai also plans to begin detailed negotiations on the possibility of investing in Ukraine and transferring technologies to localize the production of complex technologies,” said Eun Soo Choi, Vice President of the Commercial Transport and Energy Division of Hundai Corporation, during the All-Ukrainian Forum “Ukraine 30. Infrastructure” on Monday.
He also stated that Hyundai Corporation is inviting Ukrainian President Volodymyr Zelensky and representatives of the Ukrainian government to visit Hyundai’s facility in Korea.
The South Korean Hyundai Corporation will allocate $2 million in grant funds for the development of a pre-feasibility study for the construction of a high-speed European-gauge railway network (1,435 mm).