UkraineInvest, the Government’s investment promotion office, has published an analytical study highlighting investment opportunities in Ukraine’s agro-processing sector. The study is a key resource for potential investors, covering Ukraine’s competitive advantages, such as access to large markets, a vast agricultural resource, government support and high export potential.
The main objective of this study is to stimulate investment interest in Ukraine’s agro-processing sector, which shows significant opportunities for development and economic growth. The document highlights Ukraine’s strengths: fertile soils, favourable climate, favourable geographical location and existing government support, which creates attractive conditions for investors.
Analysing the results of the study, Vitalii Koval, Minister of Agrarian Policy and Food of Ukraine, noted that attracting investment in this sector was critical not only for economic recovery after the war, but also for ensuring global food security. This underscores the Government’s strategic approach to the development of the agricultural sector, which can play a key role in economic recovery and support for rural areas.
“Despite the war, Ukraine continues to deliver its products to 400 million people in more than 40 countries. And today, supporting the Ukrainian agricultural sector and investing in the industry is not just about business, it is about the world’s food security. Thousands of domestic and foreign investors are actively working and scaling their business in Ukraine. We invite them to open new processing plants and invest in livestock farming. These are promising areas that will bring proper economic benefits to both investors and the state of Ukraine,” said Vitalii Koval.
The study pays special attention to infrastructure needs that are critical to increasing the productivity of the agricultural sector, including investments in irrigation systems, logistics and crop storage.
Despite its considerable potential, the Ukrainian agricultural sector has suffered significant losses as a result of the war, estimated at USD 80 billion, with over 65% of the losses occurring in the areas affected by the fighting. To restore and further develop the industry over the next decade, investments of USD 56 billion are needed.
“UkraineInvest’s study highlights the potential of Ukraine’s agro-processing sector to attract significant investment. As the signed special investment agreement between the Government of Ukraine and Astarta proves, Ukraine has a functioning mechanism of state support for significant investments, which can provide investors with up to 30% of CAPEX and the agricultural sector with new jobs. By providing pro bono support for investment projects, UkraineInvest demonstrates that with government support, the competitiveness of Ukrainian producers in the international market can increase significantly. Investments in agro-processing will not only create new jobs, but will also contribute to the introduction of modern technologies and innovations. Thus, the agro-processing sector will undoubtedly become one of the key drivers of Ukraine’s economy in the coming years,” said Oleksandr Melnychenko, Acting Executive Director of UkraineInvest.
The full version of the study and investment opportunities is available at the link: https://ukraineinvest.gov.ua/en/industries/agrifood/