Capital investment in Ukraine in January-June 2019 grew by 12.3%, while in the first quarter of 2019 – by 17.8%, the State Statistics Service reported on Tuesday. According to the State Statistics Service, after an increase in investments in agriculture, forestry and fisheries in the first quarter by 2.1%, a decrease of 8.6% was recorded in the first half of the year.
In wholesale and retail trade, growth slowed down from 18.9% to 6.3%, in transport, storage, postal and courier activities – from 20.8% to 4.7%, while in industry – from 32% to 30.8%, and in construction, an increase from 3.4% to 5% was recorded.
According to the State Statistics Service, in the first half of 2019, UAH 234 billion of capital investment was disbursed (excluding the temporarily occupied Crimea, Sevastopol and the JFO area).
In the regional context, the largest increase in capital investment in the first half of 2019 compared to the same period in 2018 was recorded in Volyn (by 76%), Kherson (by 68.5%), Mykolaiv (by 39.5%), Kyiv (by 25, 85), Chernivtsi (by 25.7%), Dnipropetrovsk (by 23.6%), Ternopil (by 21.4%), Luhansk (by 16.2%), Vinnytsia (by 12.3%), and Donetsk ( in 12.6%) regions.
According to statistics, capital investments for the reporting period decreased in Chernihiv (by 17%), Zakarpattia (by 15.8%), Zhytomyr (by 15.2%), Ivano-Frankivsk (by 9%), Odesa (by 7.2%), Rivne (5.1%) and Zaporizhia (4.4%) regions.
The main source of financing capital investment remains the own funds of enterprises and organizations, due to which 73.3% of the total volume of all investments has been used.
A significant share of capital investments was made in machinery, equipment and vehicles – 47.7%, buildings and structures – 43.6% of all investments.
Capital investment in agriculture in 2018 totaled UAH 90 billion, including UAH 25 billion invested in processing, Ukrainian Prime Minister Volodymyr Groysman has said.
“Last year, UAH 90 billion were invested in the agricultural and industrial complex, almost UAH 25 billion were funds invested in processing… We have not yet used even a third of our potential [in the agricultural and industrial complex],” he said at the tenth Agroport West Lviv International agricultural exhibition and forum on supporting farming held in Lviv on Thursday.
According to him, the share of agriculture of Ukraine’s GDP is 17%, but only 4% of it are processed products, the rest is raw materials.
“Our task is to change this structure. At least a quarter of the gross product should be for the agricultural and industrial complex. We must increase the in-depth processing of Ukrainian products,” Groysman said.
The prime minister said that products grown in Ukraine are represented in 190 countries.
