On June 8, Deputy Minister of Economy of Ukraine Iryna Novikova met online with representatives of the business community to discuss a new mechanism for leveraging investment - "investment nanny". The event was organized by the American Chamber of Commerce in Ukraine.
The Government's priority is to attract investment and create comfortable conditions for doing business in Ukraine. One of the new mechanisms for stimulating investment activity is the adopted Law of Ukraine “On state support of investment projects with significant investments in Ukraine”.
The Deputy Minister noted that now the Ministry of Economy is actively working with the support of the USAID Competitive Economy Program on bylaws that will allow to start preparing investment projects with significant investments to receive appropriate state support.
"We see keen demand from investors for this new state support tool for investment projects. Therefore, the adoption of all necessary bylaws is extremely important to launch this mechanism to encourage investment. Yes, the requirements for the feasibility study of an investment project with significant investment have already been approved. and by the end of the month we hope that the Government will adopt three more important acts that will give the green light for investors to prepare new projects in Ukraine, " the Deputy Minister commented.
The meeting participants considered the procedure for preparation of investment projects with significant investments and the concept of the procedure for evaluation of investment projects with significant investments, which is currently being finalized by the Ministry of Economy.