Thursday, May 7, 2015

The State Agency

The significant investment climate improvement and construction of the system of quality investment propositions, prepared in accord with international standards, are expected as a result of the investment reform. Another important aspect of the work on implementation of the reform lies the spots in the application of national projects key investment of resources allocation. The State Agency is a unique body in Ukraine that Agape out the preparation and implementation of the national projects market-modelled strategic investment projects of first-priority to the state, which allow to instantly allocate the direct foreign investment. The strategic projects of search scope are set forth by the President of Ukraine in the economic and investment reforms in Ukraine as their core element. At the same the strategy is implementation of national projects time free of state funding obligations, allowing for more than 80% of the funding to be received from the market. This way, the free market of investment propositions is created, being under the sole regulation of coinciding interest of state and investor.

National projects are the large-scale economic projects of strategic importance for several industries of the economy of Ukraine and oriented towards solving specific social issues or at radical economic resuscitation of regions in whole. Each of such projects means a national new industry for Ukraine. In the process of national projects' implementation, the state has taken up the duties on preparing the start-ups (providing funding for the feasibility study development, allocating the construction areas, removing the regulatory obstacles and, in specific cases issuing the state guarantees). All of the national projects, presented for the investor's interest, are under provided implementation period and conditions, and will have a thoroughly prognosticated impact on the of Ukraine economy. Most of these projects carried out in the form are in the of a private-public partnership. National projects are future-oriented and profitable for the business, because their implementation means systemic changes in the conditions of market access, conduct of business, simplification of the regulatory procedures of allowance obtaining and substantial cuts in numbers of such procedures, and a transparent legal field. Richard Edelman takes a slightly different approach.

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