Financial sector news

The Ministry of Economy, Environment, and Agriculture of Ukraine has decided to provide state incentives to two industrial park management companies for a total amount of UAH 81 million.

The following will receive funding:

VinIndustri Industrial Park (Vinnytsia region) — UAH 40.3 million for major repairs to the road leading to the park.

Ternopil Industrial Park (Ternopil region) — UAH 40.7 million for the construction of electrical networks to the park's territory.

Taking this decision into account, in 2025, five industrial parks have already received state support for the implementation of seven projects totaling UAH 344.5 million, according to the press service of the Ministry.
The State Stimulation of Industrial Park Creation Program (CMU Resolution No. 644) provides for the development of engineering and transport infrastructure on a co-financing basis. This involves the construction and modernization of roads, power grids, water supply and sewage systems, gas supply, and other technical solutions necessary for the launch of production projects.

“State stimulation of industrial parks is proof that the ”Made in Ukraine" policy works as a real tool for development. Investments in industrial infrastructure lay the foundation for production, job creation, and increased tax revenues. Every hryvnia of state support attracts 5–6 hryvnias of private investment. In this way, industrial parks become an important driver of the country's economic strengthening," said Deputy Minister of Economy Vitaliy Kindrativ.

State support provides 50/50 co-financing for the creation of engineering and transport infrastructure and connection to electrical networks — up to UAH 150 million per park. A separate 80/20 co-financing mechanism applies to de-occupied territories.

The Ministry of Economy is implementing the program in cooperation with Ukreximbank, Oschadbank, Ukrgasbank, and Sens Bank.

Participants in industrial parks can also take advantage of a number of fiscal incentives, including:

• exemption from import duties and VAT on production equipment;
  
• exemption from income tax for 10 years, subject to reinvestment;
  
• the right of local authorities to reduce property tax and land tax rates to zero.

Currently, there are 110 industrial parks registered in Ukraine in most regions. They are an important component of the “Made in Ukraine” policy aimed at developing domestic production, attracting investment in the real sector, and increasing non-resource exports.