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for industrial parks in 2022, said the First Deputy Minister of Community and Territorial Development, Vasyl Lozynskyi. According to Lozynskyi, the funds are provided for the construction of roads and communications to industrial sites based on co-financing with local budgets. The Deputy Minister noted that 52 industrial parks had been registered to date, of which only ten are operating. The Ukrainian government also plans to build infrastructure to create at least 25 industrial parks capable of providing more than 50 thousand additional jobs and another 150-200 thousand - in related industries.
The European Bank for Reconstruction and Development (EBRD) will invest $50mn to develop industrial and logistics real estate in Ukraine. The EBRD will finance Dragon Capital Investments Ltd in its development and management of industrial and logistics real estate. The decision to allocate funding to the EBRD Board of Directors will be made on January 12, 2022.
9.1.6 Agriculture sector news
Ukraine had its biggest harvest ever, bring in 106mn tonnes of cereals,
legumes, and oilseeds in 2021 thanks to favourable weather conditions in 2021, according to Roman Leshchenko, the minister of agriculture.
The record harvest included more than 84mn tonnes of cereals and legumes, as well as 22.6mn tonnes of oilseeds. According to Leshchenko the harvest exceeded the ministry’s preliminary forecast, estimated at 100mn tonnes for the year.
The successful harvest was also due to this year’s states loans to farmers, accounting for $1.1bn in total to boost the industry. Ukrainians started buying and selling land this year, as the 20-year moratorium on land transactions was officially lifted on July 1, 2021.
With 42mn hectares of farmland covering 70% of the country and about 25% of the world’s reserves of black soil, agriculture is Ukraine’s largest export industry.
Officially, large agro-corporations operate on 6mn hectares, small and medium agro-companies — on some 11mn hectares.
The harvest alone will bring 0.8% to the country’s gross domestic product (GDP), according to the National Bank’s report released in October 2021. In 2020, Ukraine’s agriculture sector generated roughly 9% of its GDP.
Ukraine exported 17% more agricultural products between January and September 2021 than in the same period of 2020.
The country exported roughly $18bn worth of agricultural products, up by $2.6bn compared to 2020, according to the State Statistic Service of Ukraine.
China was the largest importer of Ukrainian agricultural goods this year, accounting for roughly $3bn of exports, a 36% increase compared to 2020. India imported $1.35bn worth of agricultural goods, followed by the Netherlands with $1.2bn.
62 UKRAINE Country Report January 2022 www.intellinews.com