Government offers new incentives for the development of key industrial sectors and investment attraction, claims Prime Minister

The Cabinet of Ministers of Ukraine, within the framework of the economic growth policy, has shaped a number of initiatives seek to step up the development of key industries, first and foremost, extractive one, as well as leverage investment and innovations in the economic and social spheres. This was stated by Prime Minister of Ukraine Volodymyr Groysman during the presentation of the Government report for 2017.

Volodymyr Groysman stressed systemic economic development is the key to the upturn in the social sphere and to the country’s financial capacity to pay debts, which servicing now requires about UAH 130 billion annually.

A prerequisite for growth is investment leverage. According to the Prime Minister, Ukraine is poised to offer wide opportunities, first of all in the infrastructure sphere - ports, roads, railways. One of the tools for investors' interest will be the draft law on concessions drafted in synergy with the lawmakers.

"We introduce innovation support mechanisms, this step will ensure a radical economic development," the Prime Minister stressed and added that on the initiative of the Government Council for innovations and start-ups support,  Export Credit Agency as well as other institutions aimed to bring new technologies in the life of people and economy were established.