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Why Ukraine is the best option for investing?
The majority of investors are underestimating Ukraine's potential as a partner.
But whoever sees it now will definitely be in an advantageous position.
Let's consider the main reasons for investing in Ukraine.
1. The Ukrainian economy is changing significantly today. Currently, we can trace the transition to progressive and relevant industries.
Major economic development drivers are the high-tech land sector, innovative processing, digital technologies, and mechanical engineering.
The distinctive vector of economic export development for Ukraine is consistent with progressive markets and innovation use needs.
2. Ukraine's macroeconomics has moved away from Russia and focused on the EU market now. Because of its association with the EU, a vast and austere market is open for Ukrainian export.
Thanks to the constant expansion of possibilities on the part of the EU, new options are opening up for Ukrainian goods. Although Ukraine is in the initial stage of export expansion the agreement on free trade zone provides it with an opportunity for active participation in other markets.
Ukrainian business is focused on the production of high-quality, relevant, and competitive products.
3. Ukrainian specialists are highly professional employees. Ukrainians are recognized as a sufficiently competitive staff in Europe. Regardless of professionalism and qualification level, Ukrainians' wages are lower in comparison with many developed countries.
To compensate for the lack of labor force an investor doesn't have to focus on recruiting foreign workers, which is the main advantage of Ukraine.
4. The Ukrainian extensive economy had been developing for a very long time. But not now. Ukraine is a progressive field for production growth. At least because of yields. The oilseeds increased the yield to 128% for 1995, and cereals to 69%. It should be emphasized that due to the progressive technologies, these figures are not final.
It also applies to industry. The area of Ukraine has a great potential to explore previously untapped and prospective niches.
5. Ukraine's main competitive advantage is transit opportunities. Progressive changes in transport infrastructure are waiting for Ukraine at the moment. Because the country practicing the recovery approach of transport navigation of the Dnieper River, the prospects seem suggestive. The possibility of transit routes from the Baltic to the Black Sea will contribute to the further development of the export economy, generating a synergistic effect.
6. Profitable investments. Foreign direct investment is projected to grow from $30 billion to $50 billion. This will lead to new enterprises and, consequently, greater labor competition.
7. Progressive changes. Accordingly, Ukraine has to go through a long road of changes related to investment legislation. In addition, the country can observe the process of deregulation, expanding opportunities for all who intend to industrial production formation.
The reforms are actively developing in Ukraine. They are striving for change and the creation of favorable trust relations. Ukraine is one of the most promising countries in the region that has loads of opportunities! Take your chance! It is time to invest!