In 2025, the Government will pursue its policy of supporting national producers and developing the processing industry. The main directions include stimulating the production development by creating demand for Ukrainian products, attracting investment in the real sector of the economy and increasing non-resource exports.

This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during the event "Made in Ukraine: 2025 Opportunities and Priorities" organised by The Aspen Institute Kyiv. The dialogue was moderated by Yegor Grygorenko, Partner, Head of Consulting and Risk Advisory Practices at Deloitte Ukraine, and Oleksiy Gerashchenko, economist, financial top manager, professor at Kyiv Mohyla Business School. The event was coordinated by Olena Fomina, Programme Director of The Aspen Institute Kyiv. The Institute brought together representatives of the state, manufacturers, and investors to not only discuss achievements but also to look frankly at the challenges facing the country.

"When we launched the Made in Ukraine policy last year, our strategic goal was to change the structure of the economy from raw materials to high-tech and increase production of high value-added goods. We need our domestic production of weapons, equipment, medicines, and clothing. This is a guarantee of independence. Every new plant and technology makes us stronger," Yuliia Svyrydenko stressed.

According to her, localisation is an important tool for increasing demand for Ukrainian goods. During public procurement of engineering products, the customer must require at least 25% local content in the goods.

"Last year, the localisation requirement was 20%. Now its level has already risen to 25%. We are working to expand the list of goods covered by localisation in public procurement and to start applying localisation in defence procurement," Yuliia Svyrydenko continued.

Also this year, the Government plans to expand the processing grant programme to include the production of weapons components. The grant funds can be used to purchase technological equipment.

"Last year, we extended the grant programme to drone manufacturers. We are now working on a new element of this programme - a grant for manufacturers of weapons components. We must do everything possible to develop the defence industry and related industries to the fullest extent possible,’ said the First Deputy Prime Minister and Minister of Economy.

She reminded that the Made in Ukraine policy includes 14 programmes to support manufacturers: localisation in public procurement, partial compensation for the cost of Ukrainian equipment, National Cashback, eOselia, grants for the development of the processing industry, Affordable Loans at 5-7-9%, industrial parks, support for projects with significant investments, the Export Credit Agency and a number of others.

Last year alone, their funding had totalled over UAH 34 billion. This year, the priorities remain unchanged: developing production, attracting investment in the real sector and increasing non-resource exports.

Background information

The Aspen Institute Kyiv is a Ukrainian non-partisan public association that supports the development of value-based leadership. As a platform for leadership dialogue, The Aspen Institute Kyiv also promotes a culture of dialogue and creates opportunities for the exchange of ideas.

The event was organised by the United Nations Development Programme in Ukraine within the framework of the project "Transformative Recovery for Human Security in Ukraine", funded by the Government of Japan and implemented by the United Nations Development Programme (UNDP) in Ukraine.

The opinions, comments, conclusions or recommendations expressed during the "Made in Ukraine: Challenges and Opportunities" Dialogue are those of the participants and do not necessarily reflect the views of UNDP, the UN, the Government of Japan and/or other international partners.