The total cost of investment projects in the Ukrainian agricultural sector as of early 2018 was estimated at almost UAH 41.3 billion, according to a posting on the website of the Agricultural Policy and Food Ministry of Ukraine. The ministry said that, a total of 474 investment projects are being implemented in agriculture, including 23.6% in the grain and industrial crops processing and storage segment, 12.4% in the pig breeding segment and 12.2% in the vegetable and fruit storage segment.
The main source of financing of capital investment are own funds of producers (74.3%). The cost of investment projects varies from UAH 100,000 to UAH 9.6 billion.
The largest number of investment projects is being implemented in Poltava (69), Lviv (64), Vinnytsia (48), Chernivtsi (43) and Cherkasy (41) regions.
The ministry anticipates that the implementation of these projects would create some 16,000 new jobs.
As of January 1, 2017, a total of 380 investment projects were implemented in Ukraine in agriculture. Their aggregate cost was UAH 27.9 billion.
AGRICULTURE, INVESTMENT PROJECTS
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