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Recently, Volia Agri-food Park Vinnytsia received state funding of 116 million UAH under the “Made in Ukraine” policy. This financial support will not only enhance the park's infrastructure but also boost its investment appeal for companies looking to relocate food production from frontline areas and expand export potential.
“The state program for stimulating the development of industrial parks addresses a critical issue—the lack of necessary engineering and transport infrastructure. Supporting the construction of roads and other essential elements creates opportunities for attracting investors and developing businesses in various regions. The program includes safeguards for the efficient use of funds, requiring companies to build production facilities and engage participants. Financing is conducted through escrow accounts in state banks, ensuring control and convenience,” said Vitalii Kindrativ, Deputy Minister of Economy of Ukraine.
The program offers up to 150 million UAH to support the construction of necessary infrastructure. The funds are provided on a non-refundable basis, covering up to 50% of the estimated cost of works such as land development and the construction of engineering and transport infrastructure. It also offers compensation of up to 50% of the connection costs to electricity networks, with the state covering 80% of these costs for de-occupied territories.
State bank support guarantees transparency in the funding process and provides businesses with the option to choose the most favourable service conditions. The Ministry of Economy’s partners in the program include Ukreximbank, Oschadbank, and Ukrgasbank.
The park management company UPARKS, drawing on both its own resources and the state funding received, will finance the development of the park's infrastructure, including engineering networks and internal roads.
To learn more about how to leverage unique opportunities for business development at Volia Agri-food Park Vinnytsia, visit the park’s webpage at Volia Agri-food Park Vinnytsia.
