Business news from Ukraine

PLAN FOR RESTORATION OF UKRAINE IN 2022-2032 INCLUDES NUMBER OF PROJECTS IN FIELD OF AGRO-INDUSTRIAL COMPLEX

5 July , 2022  

The plan for the restoration of Ukraine in 2022-2032 includes a number of projects in the field of agro-industrial complex, including the construction of irrigation systems on an area of 1 million hectares, as well as the transformation of the country into an “export food factory” by stimulating and developing the processing of plant products.

The corresponding plans were posted on the Ukraine Recovery Plan website.

In addition, over the next decade, it is planned to develop the Ukrainian agro-industrial complex in the following areas: development of agricultural engineering, bioenergy independence, preservation of the agricultural sector under the blockade of ports, meat and dairy independence, fruits and vegetables of Ukraine, return of farmland into economic circulation, promoting the transition of the agro-industrial complex to “green” growth, development of reclamation systems, development of seed production, construction of factories for the production of hybrid seeds and prompt recovery of the agro-industrial complex after the war.

In addition, among the priorities are the comprehensive planning of spatial development and land use in the territory of communities and mapping the territory of Ukraine and the implementation of the national geospatial data infrastructure.

According to the data on the project website, the Ukraine Recovery Plan is aimed at accelerating sustainable economic growth. The plan defines a list of national programs to achieve key results.

In total, the program provides for the implementation of 850 projects during 2022-2032, which will allow Ukraine to enter the TOP-25 countries in the world in terms of the Human Capital Index and the Economic Complexity Index.

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