Business news from Ukraine

PLAN FOR RESTORATION OF UKRAINE IN 2022-2032 INCLUDES NUMBER OF PROJECTS IN FIELD OF AGRO-INDUSTRIAL COMPLEX

The plan for the restoration of Ukraine in 2022-2032 includes a number of projects in the field of agro-industrial complex, including the construction of irrigation systems on an area of 1 million hectares, as well as the transformation of the country into an “export food factory” by stimulating and developing the processing of plant products.

The corresponding plans were posted on the Ukraine Recovery Plan website.

In addition, over the next decade, it is planned to develop the Ukrainian agro-industrial complex in the following areas: development of agricultural engineering, bioenergy independence, preservation of the agricultural sector under the blockade of ports, meat and dairy independence, fruits and vegetables of Ukraine, return of farmland into economic circulation, promoting the transition of the agro-industrial complex to “green” growth, development of reclamation systems, development of seed production, construction of factories for the production of hybrid seeds and prompt recovery of the agro-industrial complex after the war.

In addition, among the priorities are the comprehensive planning of spatial development and land use in the territory of communities and mapping the territory of Ukraine and the implementation of the national geospatial data infrastructure.

According to the data on the project website, the Ukraine Recovery Plan is aimed at accelerating sustainable economic growth. The plan defines a list of national programs to achieve key results.

In total, the program provides for the implementation of 850 projects during 2022-2032, which will allow Ukraine to enter the TOP-25 countries in the world in terms of the Human Capital Index and the Economic Complexity Index.

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PRIME MINISTER ANNOUNCES THREE-STAGE PLAN FOR RESTORATION OF UKRAINE

Prime Minister Denys Shmyhal announced a three-stage plan for the restoration of Ukraine “U-24″.
“We have already announced this plan. Let’s call it U-24. This is a plan for the restoration of Ukraine. There will be a corresponding recovery fund, which will take place in three stages,” Shmyhal said in an interview with the Ukrainian edition of the BBC.
According to him, the first stage is already underway, when the authorities are now restoring the destroyed facilities temporarily, promptly and quickly.
The second stage, according to the prime minister, is a quick recovery immediately after the end of hostilities.
“First of all, it is necessary to resume the supply of water and electricity so that people can ensure their existence in the destroyed territories,” he added.
The third stage, according to the plan, is a big stage of a full-fledged renewal of Ukrainian cities, towns, buildings, infrastructure, and the country as a whole.
“This stage will be the most costly, the longest, but we want to implement it very quickly. This should be in parallel with the political processes of Ukraine’s entry into the European Union, as was recently written in the Versailles Declaration,” Shmyhal stressed.
The Prime Minister noted that Ukraine expects to receive a questionnaire in the coming days, which is one of the stages for the country to obtain candidate status as a transitional stage before joining the EU.
“All these things support the internal expectation of a speedy end to the war, our victory and the beginning of a powerful restoration of our state according to civilized European standards. We will get a very powerful developed European country here,” Shmyhal is sure.

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