The new government decree not only simplifies the conditions for investors, but also introduces a number of key changes aimed at stimulating investment activity in the country. One of these changes is the revision of the procedures for feasibility studies of investment projects, making them more accessible and understandable. Find out more about why this is an important step

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The Cabinet of Ministers has adopted a new resolution to improve the mechanism of state support for large investment projects. This was announced by Prime Minister Denys Shmyhal, the Government Portal reports.

The update includes a revision of the feasibility study of investment projects and the adoption of a new approach to this process.

Real estate investment in times of war: how to survive in war-torn Ukraine and other parts of the world - read here.

What changes are expected?

The Prime Minister emphasized that a number of provisions, including the requirements for economic analysis and social assessment of projects, will be simplified and corrected, and the requirements for the financial solvency of applicants will be relaxed.

Shmyhal also noted that companies willing to invest more than €12 million and create new jobs will receive maximum support and special conditions, including tax breaks, regulatory relief and support at the project implementation level.

"This includes tax benefits, regulatory relief, and support at the project implementation level," the Prime Minister emphasized.

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Why is it important?

The main goal is to stimulate the launch of more investment projects that will create new jobs and strengthen the economy and communities.

"One of the key tasks in the economy for the current year is to increase foreign investment in Ukraine. To achieve this goal, we are working with our partners and constantly improving the conditions for investment projects," the Prime Minister emphasized.

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