The Law on expanding the implementation of investment projects in Ukraine was adopted

On August 9, the Verkhovna Rada approved the Law "On Amendments to the Law of Ukraine "On State Support of Investment Projects with Significant Investments in Ukraine" under number 8138.

The law improves the provision of state support to investment projects with significant investments in Ukraine.

Within the framework of this document, amendments to the Law "On State Support of Investment Projects with Significant Investments in Ukraine" are introduced in the following aspects:

1. A new form of state support is introduced, namely partial compensation for the cost of construction of adjacent infrastructure facilities.
2. Investors are allowed to start the implementation of the project before concluding a special investment agreement and make investments for preliminary works (preparation of documentation, implementation of land operations, etc.) in the amount of 25% of the total cost of significant investments.
3. The threshold for significant investments invested in investment objects prior to the conclusion of a special investment agreement, as well as the number of jobs created for the period of implementation of an investment project with significant investments, is reduced in order to attract a wider range of enterprises to the investment process, including not only large, but also medium enterprises.
4. Deadlines are set for completion, and not rejection, of the documents provided by the investor and the special investment agreement (no more than two months).

These changes are aimed at stimulating investment activity and facilitating a wider range of enterprises to invest in important projects in Ukraine.