Ukraine Accepts Applications for Industrial Park Support Program

What Happened On March 31, 2026, the Ukrainian government, led by Prime Minister Yulia Svyrydenko, announced the acceptance of applications for financial support aimed at enhancing industrial parks across the country. The initiative allows businesses to apply for co-financing to support the development of industrial infrastructure, the connection to electricity networks, and the restoration of damaged facilities. Under this program, businesses can receive significant financial assistance, covering up to 80% of the costs associated with the recovery of infrastructure affected by military actions. The program is designed to stimulate job creation and the production of goods with higher added value. Interested businesses can submit their applications until August 15, 2026, via partnered banks including Oschadbank, Ukreximbank, Ukrgasbank, and Sens Bank. Emergency review processes will apply to these applications, reflecting the program's urgency and importance for industrial recovery. ## Key Details The government has set specific parameters for eligibility and funding: - Up to ₴200 million is available per industrial park project. - The application deadline is August 15, 2026. - The state will cover up to 80% of infrastructure recovery costs. - Co-financing arrangements vary, including 50/50 funding for most areas and 80/20 for frontline and de-occupied regions. - A commitment is required for projects to utilize at least 5,000 square meters of industrial space and include a minimum of two manufacturing enterprises within three years. As of now, 22 industrial parks have received state support since the inception of the program, with 56 projects cumulatively valued at ₴1.8 billion being developed. The program aims to rejuvenate industrial capabilities and enhance production efficiency. ## Why It Matters The initiative is critical for revitalizing Ukraine's industrial sector, which has faced significant challenges due to ongoing conflict. Increased investment and modernization of infrastructure will bolster the economy and aid in job creation across affected regions. ## Background The 'Made in Ukraine' policy is designed to promote domestic production and support local manufacturers. As part of this broader strategy, the government has adapted its funding rules, aiming to expedite recovery and improve the resilience of industrial parks across the country. By the end of 2025, 37 factories were under construction or planned within these industrial parks, indicating a robust response to economic adversity.