The Government is developing a grant programme for businesses building new production facilities in the defence sector. This was stated by Prime Minister of Ukraine Denys Shmyhal during a session of the Cabinet of Ministers on 11 April.

He said that from now on, Ukrainian manufacturers of weapons components can receive a grant of up to UAH 8 million to set up and expand their production.

"A 50-50 co-financing mechanism will be in place. If the state provides UAH 8 million in grants, the entrepreneur must also invest UAH 8 million. The conditions for drone component manufacturers are even better: the state provides 70% and only 30% must be invested by the manufacturer ," said Denys Shmyhal.

The Head of Government stressed that these initiatives are part of the Made to Win programme, for which UAH 1 billion has been envisaged in the budget.

"With the support of a united Europe, we are building a new defence industry that can protect not only Ukraine but also European countries. Production in Ukraine is a key component of this programme. This means our self-sufficiency, defence capability, economic security and strength," the Prime Minister underlined.