UKRAINE APPROVES LIST OF PRIORITY INVESTMENT PROJECTS FOR 2021 – 2023

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UKRAINE APPROVES LIST OF PRIORITY INVESTMENT PROJECTS FOR 2021 – 2023

At the beginning of 2021, the Government of Ukraine published its decision No. 1581-p, dated 16 December 2020, on approval of the list of 102 investment projects prioritised by the State for 2021 – 2023 in such fields as culture and tourism, industry and manufacturing, energy, healthcare, transport, and sports. 76 out of 102 projects may be financed by investors, 47 of which – using a public-private partnership, including the concession framework.

Please see below the list of the most prominent projects, which may be of most interest to investors.

1. Industry and manufacturing

  • Launching the production of:

(a) artificial ventilators devices (artificial lung ventilators)
(b) military equipment (vehicles, cartridges of various calibre, production of prototypes, and serial production of unmanned aerial vehicles)
(c) concentrated sulfuric acid and nitric acid

  • Development and organisation of new production of accumulators with supercapacitors

2. Construction

  • Development of the Black Sea coastline in Kherson region (project LA PERLA AZZURRA)
  • Development of an entertainment park in Kyiv
  • Construction of factories producing:

(a) titanium powder and its products
(b) titanium and aluminium tubes and heat-resistant alloys

3. Airports and railroad infrastructure

  • Reconstruction and/or modernisation of 12 Ukrainian airports
  • Construction of a new airport in Zakarpattia region (either in city Mukachevo, or village Serednie)
  • Pilot concessions of 7 railroad stations

4. Roads

  • Repair and modernisation of 11 highway sections
  • Construction of:

(a) a new Kyiv bypass road
(b) a bridge over Southern Buh river in Mykolaiv

5. Seaports

  • Concession projects in Odesa, Chornomorsk, and Berdiansk seaports
  • Concession of a railway-ferry complex in Chornomorsk seaport

As the COVID pandemic showed the vulnerability of Europe’s long supply chains to Asia, Ukraine has a great chance to reinvent itself as both a manufacturing hub and an efficient logistical provider. AVELLUM is very well positioned to guide you through all the intricacies and opportunities of such projects.

Additional notes

For further information on the topic please contact Maksym Maksymenko, partner, or by telephone +380 44 591-3355 or via e-mail.

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