Shmyhal expects UkraineInvest to help improve investment climate in Ukraine.

Prime Minister Denys Shmyhal held a meeting with Executive Director of the Investment Promotion Office (UkraineInvest) Serhiy Tsivkach to discuss the attraction of investments in the Ukrainian economy.

“From now on, UkraineInvest will support investors with significant investments in Ukraine. We had a meeting with Executive Director of the Office Serhiy Tsivkach, during which we discussed attracting investments into the Ukrainian economy,” Shmyhal wrote on Telegram, Ukrinform reports.

The Prime Minister expects that the practical skills of UkraineInvest employees will help improve the investment climate and significantly increase investment activity in Ukraine this year.

As reported by Ukrinform, on February 18, the Cabinet of Ministers designated the Investment Promotion Office (UkraineInvest) as an institution authorized to support investors with significant investments. According to the law on the state budget for 2021, UAH 33 million is provided for the functioning of the Office.

Among the main functions of UkraineInvest are the implementation of measures to attract potential applicants for the realization of investment projects, the provision of investors with information and consulting assistance, and interaction with state and local authorities.

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