The Cabinet of Ministers has registered the new Muzhay Industrial Park in Zakarpattia region. The Government made the decision at a meeting on 5 December.

“The creation of more than 400 jobs in various manufacturing industries, as well as in the field of science and technology, will be a significant stimulus for the region’s economic growth. The park will help attract investment and develop the industry of Zakarpattia within the framework of the Made in Ukraine policy, which allows supporting Ukrainian business even in difficult conditions,” said Vitaliy Kindrativ, Deputy Minister of Economy of Ukraine.

Muzhay Industrial Park is located on the territory of the Berehove Territorial Community of Berehove District, Zakarpattia Region. The park covers an area of 30.5955 hectares and will create up to 427 new jobs.

The park’s main activities include the processing industry, in particular:

  • food production;
  • woodworking and manufacture of wood and cork products, except furniture;
  • manufacture of paper and paper products;
  • manufacture of other non-metallic mineral products;
  • manufacture of fabricated metal products, except for machinery and equipment;
  • manufacture of motor vehicles, trailers and semi-trailers;
  • manufacture of other vehicles.

It also provides for scientific and technical activities and other areas compatible with the park’s concept.

The initiating company plans to build a modern infrastructure to support the park’s residents. It is expected that residents will attract significant investments to build facilities in the park, which will be an additional incentive for the development of the local economy.

The Register of Industrial Parks already includes 98 industrial parks, and Muzhay will become an important component in building Ukraine’s industrial potential.

Participants in registered industrial parks receive a number of tax and customs incentives, such as exemption from import VAT and customs duties on equipment (provided that there are no analogues produced in Ukraine, the equipment is used exclusively on the territory of the industrial park and cannot be leased), exemption from income tax for 10 years (provided that the funds released are used for the development of the enterprise), and the right of local authorities to grant local tax concessions.

The development of industrial parks is part of the Made in Ukraine economic policy. The state expects that the conditions created for manufacturers in the parks will help to accelerate production development. In 2025, the Government will continue to support industrial parks, which helps to attract investment and develop regions. It is planned to allocate UAH 1 billion for the construction and modernisation of industrial infrastructure in industrial parks. Experience shows that local authorities are keen on creating parks, as these parks generate jobs and significantly boost local budgets by operating within the community.

Source: https://www.kmu.gov.ua/en/news/400-robochykh-mists-ta-763-mln-hrn-investytsii-uriad-vnis-do-reiestru-novyi-industrialnyi-park-na-zakarpatti