2012 11-20 industrial parks of ukraine brief
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The document summarizes Ukraine's National Project to develop Industrial Parks of Ukraine (IPU). New laws create a favorable legal framework and introduce fiscal, land, and customs incentives for strategic investors. The IPU National Project aims to develop ready-to-use land plots, infrastructure, and services to shorten time-to-market. It will boost the market with 10 new industrial parks by 2015, introducing new technologies and linking parks to markets via efficient logistics. The project targets attracting 120 new multinational companies and 1,000 local suppliers, creating 40,000 new jobs and 2.5 billion in foreign direct investment by 2017.
2012 11-20 industrial parks of ukraine brief
- 1. Industrial Parks of Ukraine National Project
- 2. The new opportunities 2012 Legislation New laws were passed creating favorable legal framework for industrial property development Incentives Fiscal, access to land, and customs incentives for strategic investors were introduced Infrastructure IPU National Project to develop ready to use land plots, infrastructure, and public services altogether shortening time-to-market launched
- 3. New Legal Framework State law "On industrial parks Creates legal foundation for industrial park operations and provides customs and land incentives State law "On stimulation of investment activities in priority sectors of the economy with intention to create new jobs Creates legal foundation for introduction of tax and customs incentives
- 4. New Incentives Under the State law On industrial parks No duties for equipment that is not produced in Ukraine used for park operations or operations of the resident company Relief from municipal infrastructure development levy Simplified procedure of access to industrial land State grants and financing on favorable terms
- 5. New Incentives Under the State law On stimulation of investment activities in priority sectors of the economy with intention to create new jobs Corporate income tax relief till 2017 and reduced to 8% till 2022 accelerated capital allowance on operating equipment Relief from duties for purchase of equipment and/ or its components used in technological process till 2018
- 6. New Infrastructure Industrial parks of Ukraine National Project Public intervention targeted at satisfying existing and prospective demand of strategic investors for market ready industrial property and at stimulation of the industrial real estate development and management industry in Ukraine.
- 7. New Infrastructure Industrial parks of Ukraine National Project Boosting the industrial property and modern infrastructure market with 10 new industrial parks Introducing new technologies to Ukraine that come along with new park residents Prime efficient logistics between parks and markets Unique approach to each park based on individual clustering, market specialization and other key indicators
- 8. New Infrastructure Industrial parks of Ukraine National Project Targets Spring 2013 Due-diligence of available Ukrainian greenfield industrial property conducted Mid-2013 10 best locations for industrial parks development selected Mid-2014 Pilot industrial park built and operational 2015 10 industrial parks/ approx. 1 500 ha of industrial land built and operational 2017 40.000 new jobs 120 new multinational companies 1 000 local companies-suppliers 2.5 bl. of FDI
- 9. New Benefits for Industrial Parks Residents Unique selling points of parks Complete package of engineering and transport infrastructure and services for each park Flexible industrial specialization that bridges needs of prospective companies and communities Filling gaps in supply chains for local and global industries Location benefits combining robust infrastructure and smart logistics
- 10. The State Agency s Assistance Summary investments promotion investments One Stop Shop for Investors Project Marketplace Service for strategic investors (FDI) Startup assistance for SMEs Industrial Parks of Ukraine National Project New FDI infrastructure development State law On stimulation of investment activities in priority sectors of the economy with intention to create new jobs Incentives for strategic investors State law On Industrial Parks Foundation that shortens investors time-to-market
- 11. THANK YOU! Petro Koshukov IPU-NP Manager p.koshukov@ukrproject.gov.ua +380 50 357 1411