The Bila Tserkva Industrial Park (IP)—a project of entrepreneur Vasyl Khmelnytskyi’s holding company UFuture—is building an educational hub and plans to open it in 2026, Oleksiy Henzer, commercial director of the Bila Tserkva Industrial Park, told Interfax-Ukraine. According to him, the building, with a total area of 2,500 square meters, will house classrooms, training facilities with modern equipment, production laboratories, a conference hall, and office and social spaces.
“For us, the industrial park is a platform for shared infrastructure and collaborative solutions. Together, we create the engineering foundation, organize services, and must also jointly address systemic barriers that are difficult, expensive, and not always effective for an individual resident to overcome on their own. “One of the most pressing issues today is the availability of qualified specialists. For us, the training of specialists is part of the investment infrastructure,” he said.
Genzer emphasized the critical importance of supporting the community’s industrial development alongside the simultaneous development of education at all levels. “We are currently planning to involve a specialized educational institution to develop modern curricula. We also plan to involve residents in the program to give people the opportunity to train on modern equipment and obtain relevant qualifications directly within the park,” he said.
In addition, among the projects of the “Bila Tserkva” Industrial Park is support for secondary and vocational education. In particular, a memorandum has been signed with local authorities regarding the renovation of vocational training classrooms. Two classrooms have already been renovated, and by 2028, we plan to renovate classrooms in 13 more educational institutions.
“The community is handling the renovations, while we provide modern equipment. We hope that within the framework of this project, we will be able to cover almost all secondary schools in the city,” said Genzer.
UFuture, the investment holding company of Ukrainian entrepreneur Vasyl Khmelnytskyi, has a diversified portfolio of assets in real estate, infrastructure, industry, and pharmaceuticals. It is actively investing in the development of the UNIT.City innovation park and the Bila Tserkva Industrial Park.
The Bila Tserkva Industrial Park and Bila Tserkva 2 were included in the Register of Industrial Parks in 2018. There are over two dozen residents (including foreign companies) within the parks. Their total area is 70.3 hectares, of which 45 hectares have already been developed. Over 85,000 square meters of industrial and warehouse real estate have been commissioned.
Dragon Capital has begun construction of the second phase of the M10 Lviv Industrial Park and is preparing to resume development of two industrial park projects in the Kyiv region, according to Andriy Brynzylo, CEO of Dragon Capital’s industrial parks division.
“The development of the M10 Lviv Industrial Park is part of Dragon Capital’s strategy to build a portfolio of new industrial real estate in Kyiv and Lviv. Demand for high-quality warehouse and manufacturing space in Ukraine is growing, despite the hostilities, particularly from companies relocating their businesses. In addition to this ongoing project, we are working on resuming the development of two other industrial park projects in the Kyiv region, which we will announce separately in the near future,” Brinzilo said.
According to him, the launch of the second phase of M10 (Class A warehouse and industrial space with a total area of 22,000 sq. m.) will offer the market new opportunities for development.
M10 Lviv Industrial Park is located in the Ryasne-2 industrial zone of Lviv, directly on the M10 highway, 60 km from the Krakivets border crossing on the border with Poland. The park’s total area is 23.5 hectares and provides for the development of warehouse and industrial real estate facilities with a total area of over 140,000 square meters. The first phase of the project, with a total area of 14,400 square meters, was commissioned in February 2024 and is fully operational.
The project is being implemented in partnership with the European Bank for Reconstruction and Development (EBRD) and the Ukraine Investment Fund managed by Norfund, which hold 35% and 30% stakes in the project, respectively.
In September 2023, the World Bank’s Multilateral Investment Guarantee Agency (MIGA) provided the project with a 10-year guarantee covering risks of physical damage to the facility due to military action or loss of control over it.
The facility is managed by the Dragon Capital Property Management team. The project aims to obtain “green” certification in accordance with international standards. The first building at M10 Lviv Industrial Park has already been certified under the EDGE standard (energy efficiency and environmental sustainability).
Dragon Capital is one of the largest groups of companies in Ukraine operating in the investment and financial services sector. The company has over 20 years of experience in direct investments in leading Ukrainian companies, as well as in landmark residential and commercial real estate projects.
Dragon Capital Property Management is a management company that manages a portfolio of commercial real estate. It manages 25 properties (business centers, shopping malls, and logistics complexes) with a total area of over 570,000 square meters.
Currently, Dragon Capital has two industrial park projects in its portfolio: M10 Lviv Industrial Park in Lviv with a total area of 140,000 sq. m and E40 Industrial Park near Kyiv with an area of 200,000 sq. m.
Industrial Park “Krasyliv Technoport” (Krasyliv, Khmelnytskyi Oblast) has attracted its first foreign industrial investment—German company Goldhofer AG has begun manufacturing components and spare parts for semi-trailers designed to transport oversized cargo, according to Dmytro Kysilevskyi, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“The total investment for Goldhofer AG’s project in Krasyliv is EUR4.5 million, of which EUR1.5 million has already been contributed. The facility, which produces component sets for 7–8 semi-trailers per month, currently employs 36 workers, mostly welders. The products are shipped to Germany for further assembly,” he wrote on Facebook on Thursday.
According to Kysilevsky, the industrial park’s management company has also signed a memorandum to attract another foreign investor—the Polish company Modular, which plans to open a production facility in Krasyliv for commercial and residential modular homes made of metal structures.
“In addition, the Ukrainian company ‘Aton Energy’ has launched production of heat exchangers for solid-fuel boilers within the industrial park. The company also plans to purchase equipment to establish production of wall-mounted gas boilers at the industrial park,” the post states.
Kysilevsky also noted that the “Krasyliv Technoport” industrial park is currently preparing an application for state funding to develop engineering and transportation infrastructure.
The program provides for 50:50 co-financing of up to UAH 150 million and requires the recipient to ensure the construction of at least 5,000 square meters of industrial space and attract at least two participants within three years.
The “Krasyliv Technoport” industrial park, covering 10.1 hectares, was established in 2023 on a portion of the Krasyliv Machine-Building Plant’s territory that had been unused for a long time. The industrial park features industrial buildings with a total area of over 8,000 square meters. The park is connected to 8 MW of electricity, water, sewage, gas, and a railway spur.
According to information on its website, the German company Goldhofer is a provider of transport solutions with annual sales of approximately EUR 300 million. It has about 1,000 employees and an international presence with branches in Europe, North America, India, and the Middle East.
Goldhofer AG, INDUSTRIAL PARK, Krasyliv Technoport, MANUFACTURING
As of the end of 2025, 37 industrial enterprises have been built or are under construction in Ukraine’s industrial parks, of which 22 factories have already been built and 15 are under construction, according to the Ministry of Economy, Environment, and Agriculture. As reported, by the end of 2024, 25 industrial enterprises were operating or under construction in industrial parks, of which 12 had been built.
Among those operating or under construction as of the end of last year were enterprises in the fields of agro-processing, food production, furniture and woodworking, machine building, and others. Operating enterprises created 3,716 jobs.
The Ministry of Economy also recalls that in 2025, it decided to provide state incentives to 13 industrial parks for the implementation of 22 infrastructure projects totaling UAH 697.77 million.
In addition, UAH 202.91 million was transferred during the year to two industrial parks, the decisions on which were made in 2024.
Thus, the total amount of state incentives for industrial parks in 2025 amounted to UAH 900.681 million, the ministry concludes.
“2025 was the year when the number of industrial parks turned into real platforms for the implementation of the ”Made in Ukraine” policy. Almost UAH 1 billion in state incentives for industrial parks this year is an investment in infrastructure that is already giving life to new factories today. The state is laying the foundation, and business is turning it into new capacity and jobs,” Economy Minister Oleksiy Sobolev is quoted as saying in the statement.
As reported, 13 industrial parks received state incentives last year.
As of December 31, 2025, 118 industrial parks were included in the Register of Industrial Parks, of which 24 parks were included during 2025. At the same time, eight parks that did not carry out any activities were excluded from the Register.
The State Incentives for the Creation of Industrial Parks program provides for the development of engineering and transport infrastructure in industrial parks on a co-financing basis. State support may be directed toward the construction of roads, electrical networks, water supply and sewage systems, gas supply, and other technical solutions necessary for the launch of production.
State incentives provide for co-financing in a ratio of 50% to 50% for up to UAH 150 million per IP, and for de-occupied territories in a ratio of 80% to 20%.
The Ministry of Economy is implementing the program in cooperation with Ukreximbank, Oschadbank, Ukrgasbank, and Sens Bank.
A number of fiscal incentives are also provided for IP participants.
Ukraine Investment Fund, established under the management of Norwegian state investment fund Norfund, is investing approximately NOK 100 million (EUR8.5 million) in the expansion of the M10 industrial park in Lviv, according to a press release from Dragon Capital.
“An important part of Ukraine’s sustainability is supporting the economy. The Investment Fund’s first investment in Ukraine is a good example of how the fund will contribute to this by investing in sustainable businesses and infrastructure projects,” said Norwegian Minister of International Development Osmund Okrust, whose words are quoted in the press release.
According to Norfund CEO Tellef Torleifsson, the investment in M10 will create several thousand jobs.
The Ukraine Investment Fund was established in December 2024 and is managed by the Norwegian investment fund Norfund. The fund intends to support sustainable business and create jobs in Ukraine with a focus on risky projects involving private capital.
As reported, the first building of M10 Lviv Industrial Park in Lviv, which is being implemented by Dragon Capital in partnership with the European Bank for Reconstruction and Development (EBRD), has received the international EDGE certificate.
The M10 industrial park is being built in the industrial zone of the Riasne-2 microdistrict in Lviv, 60 km from the border with Poland. The total area of the site is 23.5 hectares, which allows for the construction of six phases of production, warehouse, and office buildings in accordance with international standards of sustainable development.
The EBRD is a 35% shareholder in the project, and its total investment could reach $24.5 million.
In September 2023, the World Bank’s Multilateral Investment Guarantee Agency (MIGA) provided M10 Lviv Industrial Park with 10-year insurance against military risks.
The first phase of the industrial park, a 14,400 sq m Class A warehouse complex, was completed and commissioned in February 2024. The facility was fully leased by Aurora, one of the leading national retail chains.
Dragon Capital is one of the largest groups of companies in Ukraine, which has been operating in the field of investment and financial services since 2000 and provides a full range of investment banking and brokerage services, direct investments, and asset management.
Dragon Capital Property Management is the management team that manages the company’s commercial real estate portfolio. It manages 25 properties (business centers, shopping and entertainment centers, and logistics complexes) with a total area of 560,000 square meters, making the company one of the largest players in the real estate market in Ukraine.
INDUSTRIAL PARK, Norwegian fund, Ukraine Investment Fund, М10
The Cabinet of Ministers of Ukraine has included the Korosten-Podilsky project, with a total area of 78.0236 hectares in the city of Korosten, in the Register of Industrial Parks. The project was initiated by the city council, according to the Ministry of Economy. According to the concept, the park will house woodworking, textile, metal products, and machine-building enterprises, as well as other non-metallic mineral products, machinery and equipment, concrete products, bricks, construction mixtures, and the development of activities in the field of information and electronic communications.
The creation of the park is expected to provide 2,300–4,000 new jobs in the manufacturing industry. To attract investment, the Korosten City Council adopted a Comprehensive Community Economic Development Program for 2025–2027. The program provides for the promotion of the functioning and development of industrial parks in the amount of UAH 150 million and the development of design and estimate documentation for the park’s engineering and transport infrastructure in the amount of UAH 2.5 million.
The term for the creation of the park is 30 years. The decision was adopted on the evening of November 13. Taking this decision into account, there are 109 industrial parks in the Register.
CABINET OF MINISTERS, INDUSTRIAL PARK, Korosten-Podilskyi, REGISTER
