Three more industrial parks have been allocated state support under the Made in Ukraine program, which is aimed at developing industry in the regions. UAH 171.4 million has been allocated from the state budget for the construction and modernization of the industrial parks' infrastructure. The support is for key projects in the following parks: Bila Tserkva 2 (Kyiv region), VinIndustry (Vinnytsia), and Misto Skla (Glass City - Kyiv region). These investments will create the necessary conditions for attracting investors and developing production facilities.

“We have signed orders for Bila Tserkva 2, VinIndustry and Misto Skla. They will receive a total of UAH 171.4 million to modernize their infrastructure. For example, Bila Tserkva 2 in Kyiv region will benefit from the government program to build water supply, sewage and electricity networks. VinIndustry Park plans to improve its infrastructure. This year, we have allocated UAH 1 billion to support industrial parks. Orders have already been signed to allocate over UAH 885.1 million for 11 industrial parks,” said Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.

The industrial parks will receive the appropriate funding after completing all the necessary procedures.

Bila Tserkva 2 Industrial Park

The initiator of the park will receive UAH 66.1 million in state incentives for the construction of water supply, sewage and electricity networks. The total cost of construction works is UAH 132.3 million. This project will improve the park's infrastructure, attracting new investors and promoting production development in the region.

VinIndustry Industrial Park

The Government has earmarked UAH 79 million to provide access roads to the park and build a road and a new power line. This will ensure a stable power supply and create the necessary logistics infrastructure.

Glass City Industrial Park

UAH 26.3 million was allocated for the construction of power grids to develop the Glass City Industrial Park. This will help attract new manufacturing companies and stimulate economic development in the region.

Background information

Financing of infrastructure projects is part of a broad Government program for the development of industrial parks in Ukraine. The program provides up to UAH 150 million for the construction and modernization of infrastructure, including engineering and transport networks and landscaping. Funds are provided on a non-refundable basis, covering up to 50% of the cost of projects, and up to 80% for de-occupied territories.

In addition, the program includes compensation for up to 50% of the cost of electricity connection. This greatly facilitates infrastructure development and increases the competitiveness of industrial parks in the international arena.

State-owned banks, such as Ukreximbank, Oschadbank, and Ukrgasbank, are partners of the Ministry of Economy in implementing the industrial parks support program. Thanks to these institutions, enterprises can receive financing on favorable terms, which helps to attract investors and develop industrial zones.