UAH 3.7 billion of investments were received from the first concession agreements. This was announced by the Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko during the final press conference held online.
Thus, in 2020, the Government and the Ministry of Economic Development improved the legislation on public-private partnership, which allowed the conclusion of the first successful concession agreements. In particular, we are talking about the ports of Kherson and Olvia.
Also in December, the Parliament adopted the Law on State Support for Investment Projects, which will allow the Government to more actively negotiate with investors and leverage investment to Ukraine on a competitive basis.
"Prior to the adoption of the Law, there were no effective tools to attract large investors who are willing to invest more than EUR 20 million in Ukrainian companies. Now we can provide such investors with certain preferential conditions, which is in line with the practice of developed countries," told Ihor Petrashko.
In addition, the Minister spoke about national investment projects.
Thus, for 2021, 56 projects were selected with 36 projects out of this number to be financed by state capital investments. For this purpose, the state budget provides UAH 4 billion, which is 3.5 times more than in 2020.
"It is important to note that 65% of this money, namely UAH 2.5 billion, will be directed to state investment projects implemented in the medical field," the Minister added.