The Cabinet of Ministers of Ukraine has added two more parks to the Register of Industrial Parks – EcoStyle in Dnipropetrovs’k region and Iskra in Ivano-Frankivsk region, the press service of the Ministry of Economy reports.
According to the report, the government made the decision at a meeting on October 6, 2023.
The press service clarifies that both parks will operate in the processing industry and create a total of more than 1800 jobs.
In particular, the EcoSteel industrial park in the territory of Novopil village council, Kryvyi Rih district, Dnipro region, will specialize in the production of metallurgical products, metalworking, processing of metallurgical waste, building materials, logistics, etc. It is planned to create about 900 jobs.
The Iskra Industrial Park, initiated by Pidhaichyky village council (Kolomyia district, Ivano-Frankivsk region), will focus on food production, textile manufacturing, and wood processing.
The park will also be home to companies producing wood and cork products, furniture, hardware, machinery and equipment. About 950 jobs are expected to be created.
Thus, according to the Ministry of Economy, 67 parks have already been included in the Register of Industrial Parks.
As reported, the law provides for exemption from VAT and duties on imports of new equipment, as well as from income tax for 10 years for residents of the IPs; preferential rates of real estate tax and land fees from local authorities.
At the same time, according to Dmytro Kysylevskyi, Deputy Chairman of the Parliamentary Committee on Economic Development, up to half of the registered IPs may soon be removed from the register due to inactivity (parks registered between 2013 and 2019).
