Ministry of Economy begins accepting applications for co-financing of industrial parks

On 4 June, the Cabinet of Ministers of Ukraine approved amendments to Resolutions No. 341 and No. 644, which regulate the activities of industrial parks. As a result, the Ministry of Economy is now accepting applications for state incentives for industrial parks in 2025. The application period will run until 15 August.

“The development of industrial parks is a key component of the Made in Ukraine policy. We are launching the application process for co-financing of industrial parks. Last year, the state supported 15 parks with UAH 1.1 billion, enabling 33 projects for new industrial infrastructure. In 2025, an additional UAH 500 million is allocated. Initiators or managing companies can receive up to UAH 150 million in co-financing for the construction of engineering and transport infrastructure. We are working to foster industrial development in the regions,” said First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko.

The amendments to the resolutions will make the application and funding allocation process more flexible and expand the range of funding sources for industrial parks.

Key changes:

  • A single applicant can now submit multiple applications over two years, within a total limit of UAH 150 million, allowing better planning for large-scale projects.
  • Conditions for resubmitting applications have been clarified.
  • Co-financing can now include funds from local budgets, loans, and grants, in addition to applicants’ own funds.

For 2025, UAH 500 million has been allocated for state incentives to support the development of industrial parks. Funds are provided at up to 50% of the estimated project cost (up to 80% for de-occupied territories), provided the applicant commits to constructing at least 5,000 square metres of industrial buildings and structures within three years and attracting at least two participants to the industrial park.

Funds can be allocated for the construction of engineering and transport infrastructure or for compensation of costs related to connecting to utility networks.

Applications for state funding can be submitted through authorised banks, including Oschadbank, UkrEximBank, Ukrgasbank, or Sense Bank.

In 2024, 15 applicants received state incentives totalling approximately UAH 1.1 billion for the implementation of 33 projects involving the construction or reconstruction of engineering and transport infrastructure (roads, railways, electricity, water supply, sewage systems, and substations), as well as connection to electrical networks.

As of today, 25 factories have been built or are under construction in industrial parks. Over 100,000 square metres of industrial real estate have been constructed to accommodate new or relocated enterprises, with approximately 200 MW of electrical capacity available for connection.

 

 

Source: https://me.gov.ua/