Business news from Ukraine

UKRAINE REGISTERS TWO MORE INDUSTRIAL PARKS

12 November , 2018  

Ukraine’s Economic Development and Trade Ministry on November 7 placed the Energy industrial park (Mykolaiv) and the Innovation Forpost industrial park (Dnipro) with areas of 36 ha and 49.5 ha respectively to the register of industrial parks.
According to the information posted on the ministry’s website last week, the initiators of the creation of the parks were the Mykolaiv and Dnipro city councils, respectively.
The stated period of operation of the Energy park is 30 years. According to preliminary calculations of the initiator, 1,800 jobs will be created on its territory. The priority types of economic activity are the production of food and beverages, rubber and plastic products, building materials, glass, chemical products, finished metal products, machinery and equipment, as well as research and development activities in the field of information and telecommunications.
According to the ministry, the Innovation Forpost park was established for 45 years and provides for the production of electrical machines, electrical equipment, metallurgical production, production of non-metallic mineral products, as well as the provision of computer services. On the territory of the industrial park, according to the Dnipro City Council, up to 600 new jobs could be created.
The ministry said that 35 parks are already placed to the register of industrial parks, 17 of which selected management companies, and five have already attracted members. According to the ministry, another 14 industrial parks are not registered.

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