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18.02.2021

Government authorizes UkraineInvest to support large-scale investment projects

On February 17, 2021,  at its regular sitting, the Government endorsed the decision according to which the Office for Investment Attraction and Support (UkraineInvest) is authorized to support investors in the preparation and implementation of large-scale investment projects.

In-depth overview:

President of Ukraine Volodymyr Zelenskyy had signed the Law on State Support of Investment Projects with Significant Investments, № 1116-IX, which was adopted by the Verkhovna Rada on December 17, 2020 and which improves the investment climate in Ukraine. The law provides for state support to Ukrainian and foreign investors with a total investment of 20 million euros.

In order for this law to be in practice, the Government has authorized a special institution that will provide investment support for projects and assist investors from the start of the project and throughout its implementation.

Source Government portal

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