The Ministry of Economy and Environment of Ukraine has decided to provide a total of 56 million hryvnias in state support to the “ART PACK INDUSTRIAL” industrial park in the Khmelnytskyi region and the “KRONOSPAN RIVNE” industrial park in the Rivne region, the ministry announced on August 21.
The “ART PACK INDUSTRIAL” industrial park will receive 9.699 million UAH to construct access roads to the park’s territory. An additional 46.305 million UAH will be allocated to “KRONOSPAN RIVNE” for the development of energy infrastructure.
“Government incentives are a practical tool that enables the creation of industrial infrastructure, attracts investment, and fosters the development of the manufacturing sector,” said Vitaliy Kindrativ, Deputy Minister of Economy and Environment of Ukraine. According to him, this support will allow the industrial parks in the Khmelnytskyi and Rivne regions to launch new production facilities more quickly.
Following the new decision, four industrial parks have already received state support since the beginning of 2026 to implement four projects totaling approximately 152 million hryvnias. In late May, “SMART TECH INDUSTRY” in the Poltava region and “Sparrow Park Lviv” became the first recipients this year, receiving over 96.5 million hryvnias. Of this amount, 5.5 million UAH was allocated for the construction of gas and water supply networks in the Poltava industrial park, and another 91 million UAH was allocated for the restoration of infrastructure in the Lviv industrial park that was damaged by a rocket strike.
Government funding for industrial parks is provided on a co-financing basis. Typically, the state covers up to 50% of the project cost, while for de-occupied and frontline territories, as well as for the restoration of infrastructure damaged by hostilities, the share of state support can reach 80%. The maximum amount of funding is up to 150 million hryvnias per industrial park.
Recipients of the funds are required to commission at least 5,000 square meters of industrial real estate within three years and attract at least two participants—industrial enterprises—to the park. The Ministry of Economy has extended the deadline for submitting applications for state incentives in 2026 until August 31.
The “ART PACK INDUSTRIAL” industrial park was included in the state register on December 17, 2025. It is located within the Khmelnytskyi city community, covers 10.22 hectares, and was established for a term of 50 years. The park’s primary focus is stated as the production of paper and paper products. In April 2026, “ART PAK SERVICE” LLC became the managing company.
“KRONOSPAN RIVNE” operates in the village of Horodok in the Rivne District and occupies approximately 85 hectares. The park was entered into the registry in July 2021. Its main areas of focus are the woodworking and furniture industries, as well as warehousing. The initial concept calls for the creation of approximately 1,100 jobs.
For “KRONOSPAN RIVNE,” the current funding is not the first instance of state support. In 2025, the park received an additional 55.3 million UAH for the construction of infrastructure for a cogeneration plant. According to the Rivne Regional State Administration, Kronospan has invested over 560 million euros in production in the region over the past few years, and the industrial park is viewed as a core platform for the development of a furniture cluster.
According to the Ministry of Economy, there are currently 123 registered industrial parks in Ukraine. As of the end of 2025, 37 industrial enterprises had been built or were under construction on their territories, and the total volume of attracted investments exceeded 45 billion UAH.
The 2026 state budget allocates 1 billion UAH for the development of industrial infrastructure in industrial parks as part of the “Made in Ukraine” policy to support Ukrainian manufacturers.
government support, INDUSTRIAL PARK, INDUSTRY, INFRASTRUCTURE, INVESTMENT
