Page 65 - UKRRptJul19

9.1.7 TMT sector news
Ukrainian president Volodymyr Zelenskiy preparing pro-business legislation, promotes “State in a Smartphone” initiative. The Presidential Administration of Ukraine is preparing reforms legislation to support the development of small- and mid-sized business, Zelensky said during a June 15 visit to the port city of Mariupol near the conflict zone. “Small and medium- sized business is the blood of the country’s organism,” he said, as reported by the administration website. Zelensky also mentioned his administration’s support for the “State in a Smartphone” initiative to reduce the influence of corrupt and inefficient bureaucrats. “The main goal is ‘State in a Smartphone,’ in order to minimize the interaction of business with state officials,” he said. Zelensky also promised new investments in Donbas in the nearest future, which he said he discusses “with all foreign investors.”
The Ukrainian IT industry plans in the next four to five years to more than double its revenue, to $10bn a year, Taras Kytsmey, the co-founder and member of the board of directors of the Lviv-based IT company SoftServe, has said during President of Ukraine Volodymyr Zelenskiy's meeting with the business community in Kyiv. "The information technology industry is quite new on the economic map of Ukraine. But I would like to note what this industry gives Ukraine... First of all, these are export earnings - $4.5bn. This is its support for the national currency. These are our strategic plans to reach $10bn in annual revenue in four to five years," he said. According to Kytsmey, the IT industry creates hundreds of thousands of high-paid jobs in Ukraine, and the studies show that 3.5 more jobs in related industries are created for one workplace in the IT sector.
The share of 4G Internet users in Ukraine by late 2019 would double, to 16%, Leading Expert for Designing Mobile Communications System at
65 UKRAINE Country Report July 2019 www.intellinews.com