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  • Denys Shmyhal: Important reforms seeking to attract investment and enhance the development of the country are being carried out in Ukraine
    Communications Department of the Secretariat of the CMU, posted 14 September 2021 14:44

    Today, the Government is pursuing a number of important reforms designed to ensure the development of the state, as well as to increase investment. Prime Minister Denys Shmyhal issued this statement at a press conference on September 14.

    The issues at stake, in particular, are land, judicial and energy market reforms, deregulation, large-scale privatization, and etc.

    "From the point of view of state development, these are very important things. Gas and energy market reforms. They are not easy for us today. Previous governments did not do this because it would mean a loss of political capital. We are taking these steps," the Prime Minister said.

    Denys Shmyhal dwelled on the comprehensive changes needed to increase investments in Ukraine: "Judicial, anti-corruption reforms, paperless economy, simplification of bureaucratic procedures and network connection - this is what investors expect," he said. The Prime Minister added that the Government is systematically implementing these reforms. In addition, there are joint developments with international organizations, investment funds that are willing to invest in Ukraine.

    According to the Prime Minister, within the framework of the so-called "investment nannies" readiness to invest in Ukraine was demonstrated by 23 investors with a potential investment of $2 billion. And this is just the beginning, because UkraineInvest, engaged in these projects, has been working in this direction for only 6 months.

    "I am convinced that this figure will grow. First, the Diia (Action) City project will be kicked off. This tool will also help to increase investment. Secondly, the implementation of the commitments that Ukraine has made in terms of green deals, the transformation of coal regions, and other international projects already involveы leveraging significant funds. For example, only the green transition encapsulates attracting an average of €10 billion annually," Denys Shmyhal underscored.



    Denys Shmyhal: Important reforms seeking to attract investment and enhance the development of the country are being carried out in Ukraine