The Cabinet of Ministers has created the Stryi Valley industrial park in the Lviv region, which will ensure, in particular, the development of the processing industry in the region and create about 700 new jobs, Prime Minister Denys Shmygal said.
“We hold a consistent course on all-round business support. Today we are creating another industrial park, the Stryi Valley in the Lviv region,” Shmygal said at a government meeting on Tuesday.
According to the Prime Minister, the implementation of this decision is expected to create about 700 jobs and the development of processing in the region, particularly in the food industry, woodworking and mechanical engineering.
The Cabinet of Ministers of Ukraine included Uzhhorod industrial park in the register of industrial parks, the Economy Ministry’s press service said on Friday.
“The government is pursuing a consistent policy of creating conditions for the development of industrial parks as points of economic growth and post-war reconstruction of the country. The development of industrial parks will contribute to the recovery of industry, including export-oriented, with a high share of added value. It will also contribute to the development of local communities: they will get new budget revenues, new small and medium enterprises will be created in their regions”, stated First Deputy Prime Minister, Minister of Economy Yulia Sviridenko.
The new industrial park is situated in the city of Uzhgorod in Zakarpattya region. According to the concept of the industrial park, up to 500 working places in the production sphere (processing industry) are supposed to be created on the area of 10,1907 hectares.
Today the register of industrial parks includes 60 industrial sites.
The Textile-Contact group of companies will open the country’s first industrial park for the production of non-narcotic technical hemp in the Rivne region, where a full cycle of research, selection, cultivation and processing of this plant will be launched.
As reported on the Facebook page of the Rivne Regional Military Administration (OVA), the fabric made from hemp will be used, in particular, as a material for sewing military uniforms that are invisible to the radiation of thermal imagers. In addition, industrial hemp is a good antiseptic; heating pellets and food products are produced from it.
“Back in April, I met with the owners of the company Alexander Sokolovsky and project manager Alexei Bolshev. This is the largest company in Ukraine engaged in the production of fabrics and clothing. Then they discussed the possibility of opening their production in the Rivne region. Now we have reached the finish line,” the Regional State Administration quotes its head Vitaliy Koval.
According to him, the creation of an industrial park will not be limited to investments in the region and the creation of jobs, but will launch a new industry in the country.
“We have already signed a memorandum on the relocation of the fabric production line. We have received the terms of reference for the land plot. We are working on finding options. I urge the communities to submit their proposals to the Department of Economics of the ROVA,” Koval summed up.
Textile-Contact is one of the largest trade and production groups in the light industry market of Ukraine, founded in 1995. Currently, it represents a holding uniting various areas of assets: wholesale and retail trade, import of fabrics, accessories and home textiles, production of fabrics, threads, dry cleaning, as well as tailoring and overalls (including military uniforms), medical products.
Before the Russian invasion, the factory produced about 400 thousand meters of fabric per month.
The construction of another plant began in the Bila Tserkva industrial park (Kyiv region), the launch is scheduled for November 1, UFuture founder Vasyl Khmelnytsky told Interfax-Ukraine.
“During the war, we felt a big request from Ukrainian manufacturers from the regions to relocate to the Bila Tserkva industrial park. They have an alternative – moving to the EU, but it is important for the economy to leave producers in the country: these are taxes, jobs and development. Today we’ve started the construction of a new modern facility for a plant on 4,000 sq m. The amount of investment will be approximately $2 million,” he said.
Khmelnytsky added that this project will be the company’s record for the speed of construction.
“Already on November 1, we will launch production there. Now we are negotiating with several applicants from Mykolaiv and Kharkiv,” Khmelnytsky said.
UFuture holding company of businessman Khmelnytsky, as part of a business strategy in 2022, planned to expand the number of production facilities in Bila Tserkva industrial park from five to 11. Earlier, in an interview with the Interfax-Ukraine agency, he said that 11,000 sq m of industrial premises will be built in this park for the relocation of enterprises, the estimated investment is $6.5 million. In general, the entrepreneur announced plans the construction of 30 factories in Bila Tserkva.
Vasyl Khmelnytsky, the founder of the UFuture holding, is considering the creation of an industrial park on the territory of the Syhnivka industrial zone in Lviv for the relocation of Ukrainian enterprises.
“We are considering the option of creating an industrial park here [in Lviv] so that our production facilities do not go abroad, but remain in Ukraine and create jobs in our country,” the entrepreneur said on Facebook after a meeting with Lviv Mayor Andriy Sadovy on Tuesday.
According to Khmelnytsky, the possibility of implementing the project is currently being discussed.
UFuture is a holding company that brings together Khmelnytsky’s business and social projects. It has a diversified portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT. The value of UFuture’s assets is estimated at $500 million. The total capitalization of the businesses in which it has invested is up to $1 billion.
Dragon Capital has received permission to build a Class A warehouse complex with an area of 25,700 square meters, which is the first stage of E40 Industrial Park (Kyiv), the press service of the company said.
“We are pleased that obtaining permits for construction work in our country is becoming transparent and efficient. We were amazed when received permission from the State Inspectorate of Architecture and Urban Planning of Ukraine in just one day, submitting all the necessary documents online through the Diia portal. This is an unprecedented reform, which in itself can serve as a powerful signal for new investments in the construction sector,” Investment Director of Dragon Capital Mykhailo Sakun said.
He also expressed confidence that the significant tax incentives for residents of industrial parks, recently adopted at first reading, allow investors to see the prospects for investing in the development of industrial parks in Ukraine and create real incentives for investment in the industrial real estate sector as a whole.
E40 Industrial Park is an industrial park with a total area of 200,000 square meters, located on the 27th kilometer of the Zhytomyr highway, which is part of the European highway E40.
According to the release, E40 Industrial Park covers an area of 49 hectares and consists of nine sites, planned for storage and production facilities that meet international standards for “green” buildings BREEAM. The own management company Dragon Capital Property Management will provide centralized maintenance of infrastructure facilities and security of the park.
Sakun noted that the strategic location of the E40 park on the key international highway, close to the capital and its highly qualified personnel, the infrastructure and services of a professional developer are the key advantages of the project.
“We offer our partners both traditional lease and build-to-suit projects, that is, design and construction for the customer, which greatly simplifies the process of expansion, relocation or entry into Ukraine for industrialists, because we completely deal with all issues related to construction,” he said.
To date, Dragon Capital Property Management manages more than 380,000 sq m of industrial real estate and the company continues to expand its portfolio in this segment, including through development.
