Ukraine is introducing new tools to win a regional competition for investors, stated Prime Minister Denys Shmyhal during the online event Reforms for Investment in Ukraine as part of the preparation for the International Ukraine Reform Conference 2022.

The Prime Minister noted that among such tools is the development of industrial parks, the potential of which is starting from USD 2.5 billion in additional investments.

"We are doing everything possible to ensure that industrial parks in Ukraine exist not only on paper. Our goal is to have at least 25 such industrial sites in Ukraine this year, at least one in each region. In the next three years, we will help to equip the infrastructure necessary for the full operation of industrial parks," said the Head of Government.

Apart from that, the Government is actively developing a public-private partnership instrument. According to the Prime Minister, Ukraine has signed 11 production sharing agreements.

"The total investment in exploration and primary infrastructure alone is over USD 10 billion. We are also working on the development of concession projects in the port, airport and road industries," emphasized Denys Shmyhal.

According to the Prime Minister, Ukraine is actively cooperating with European alliances, including the Critical Raw Materials Alliance and the European Battery Alliance for the sake of development of new technologies.

"Ukraine is also working on the digitalization of the economy, where it wants to take a leading position not only in the region but also in the world. We understand where our country can have a competitive advantage, and we understand which sectors of the economy need to be developed so that we could win the competition for investors," the Prime Minister concluded.