Julia Kosobutska, IE-111i (ME-111i), KNEU
Why do Ukraine need “Investment nannies”?
No matter how developed an economy might be, and in spite of the modernizing nature of the global economy, the production of goods and services remains tied to essential raw materials.
Here the Ukraine has a clear and present advantage, particularly in the agricultural sector. However, margins in primary industries are small as a percentage of overall global profitability, the money lies in the refining and processing of such raw materials and the production and sale of finished goods.
Ukraine would do well to take advantage of this reality, gearing investment incentives towards industries with high added value, such as agri-tech, green energy, the chemical industry, and electronics. In the ever-waging regional battle for crucial foreign investment, the adoption of legislation tailored towards stimulating activity is a prerequisite for remaining competitive.
