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
The Cabinet of Ministers of Ukraine has included the 21.61-hectare NEXUS Odessa project in the Nerubayskaya territorial community of the Odessa region in the Register of Industrial Parks, according to the Ministry of Economy. The initiators of the project are Ecosstandard Service LLC, owned by businessman Lev Partskhaladze and Georgiy Tsagareishvili.
The park will focus on the production of food and beverages, machinery and equipment, metal structures and products for construction, building materials, and projects in the field of alternative energy. It is planned to create about 1,000 jobs.
The project involves attracting more than UAH 747.7 million from various sources: own investments, funds from the management company, state incentives, private financing, and contributions from future participants. The initiator has allocated about UAH 60 million of its own funds for the initial stage in 2025–2028.
Ekostandart Service LLC was registered in December 2014 with a statutory capital of UAH 12.66 million. Its main activities are the collection, processing, disposal, and recovery of safe waste. The ultimate beneficiaries are Lev Partskhaladze and Georgiy Tsagareishvili.
The term of the park’s creation is 30 years. The decision was made on November 13. Taking into account new projects, there are 109 objects in the Register of Industrial Parks.
Bio Thermo Pack LLC (Khmelnytskyi region), which specializes in the production of paper and cardboard, has become a member of the Teofopil Eco Park industrial park (Teofopil village, Khmelnytskyi region), according to the Ministry of Economy.
According to the ministry, it received a corresponding notification from the industrial park’s management company, Teo Green Invest LLC, which, according to opendatabot, is part of the Ukraine 2001 group of agricultural companies, whose president and ultimate beneficiary is entrepreneur Vadym Leivi.
Bio Termo Pak LLC was established in March 2025 with a registered capital of UAH 100,000. Its activities include the production of paper pulp, corrugated cardboard and paper, paper and cardboard packaging.
The Teofopil Eco Park industrial park was registered in December 2024 and covers an area of 30.87 hectares.
According to the Ministry of Economy, the total investment in the construction of facilities on its territory is estimated at approximately UAH 2.43 billion, with plans to create 1,550 jobs in the paper and related processing industries.
In addition to the production of paper and cardboard products, the IP concept provides for the production of biogas and bioethanol, bioplastics, as well as the food industry and alternative energy.
The initiative to create the industrial park was launched by the Teofopilskaya village council.
The park is located next to the Teofipol Energy Company and the Teofipol Sugar Factory, whose ultimate beneficiary is also Levey.
According to opendatabot, Ukraine 2001 LLC received UAH 4.88 billion in net income and more than UAH 2 billion in net profit in 2024.
The Ma’Rizhany Industrial Park (Zhytomyr region) plans to double its industrial hemp processing capacity, according to Dmytro Kysilevsky, deputy head of the Verkhovna Rada Committee on Economic Development, on Facebook.
He noted that as of early August 2025, the plant will be able to process 10,000 tons of hemp per year. Increasing the area under cultivation to 4,000 hectares will allow the plant to reach a processing capacity of 20,000 tons of raw materials per year. In the 2025 season, there will be more than 1,600 hectares of industrial crops within a 20 km radius of the park.
“The Ma’Rizhany industrial park is actively persuading farmers in the Zhytomyr region to switch from unstable and politicized grain supplies to the European Union to long-term contracts with Ukrainian customers for a new, promising, and traditional crop for Ukraine. Well, the demand for hemp fiber is growing on the world market, which is the best financial guarantee for farms that will become partners of the industrial park,” Kysilevsky said.
The MP expressed confidence that the industrial park has enough free space to accommodate the next stages of deep processing of industrial hemp.
In May 2025, the largest industrial hemp primary processing enterprise in Ukraine began operations in the Ma’Rizhany industrial park. Ma’Rizhany Hemp Company renovated an old flax factory and built a modern production facility with a capacity of 14,000 tons per year of long fiber for the textile industry. It is expected that related processing products, such as short fiber and chaff, will find application in nonwoven materials (heat and sound insulation), paper, building blocks, chipboard, and bioplastics.
As reported, IP “Ma’Ryzhany” occupies about 30 hectares, the territory of a former flax processing plant. It will be the first park in Europe for the primary processing of bast crops. It was entered in the Register of IPs in August 2024. It is planned to create more than 700 jobs.
