Considering the intensive Ukraine strides to both progress and reforms, the development potential of several economy strategic sectors has significantly increased. Nowadays, the most promising prospects for future successful development are the following directions:
There is an extraordinary increase in the number of qualified professionals and successful world-class projects.
It has always been a leading industry for the Ukrainian economic potential realization in the international market. There is a high food production efficiency with the right technological strategy.
High personnel potential. A wide range of opportunities availability for the high-tech production organization.
Environmentally friendly sources of energy, due to the “green” tariff adoption
Funding is needed, however, due to qualified staffing and society demand it has good prospects for investors.
Nowadays the establishment of import-export strategies has one of the prior values for Ukraine’s recovery from the economic crisis.
Investments in the infrastructure development of Ukraine upcoming economy will not only bring profit, but also a general improvement in the country’s investment situation.
The most promising is a form of direct investment for the developing economy of Ukraine in regard to foreign capital.
PI Primary properties:
– an opportunity to implement both large and long-term projects
– financing receipt, new technologies, resources
– corporate management practice
– foreign management experience
– optimization and stimulation of economic development
– participation in the management implementation by the investor
– funds distribution control
– profit maximization
– risks diversification in comparison with internal investments
Positive properties of the Ukrainian economy for investment:
– a high potential of industries
– not so high domestic market competitive environment
– commitment to both development and qualitative change
– winning geographical factors
Nevertheless, Ukraine is still unable to choose the “wait-and-see” tactics, expecting foreign investors to come with a financial proposal.
What holds investors in Ukraine?
– fraud and corruption
– legal insecurity of investment activities
– economic instability
– weak activity in attracting investors
– work disorganization of state activity various institutions
Foreign direct investment (FDI) (million USD) in Ukraine (for 2002 – 2018 according to the Ministry of Finance data):
The Ukrainian economy can get out of a vulnerable position, provided diligent work at mistakes, even despite both significant problems and shortcomings. Nowadays it is necessary to use all the possible chances to earn a reputation as a reliable business partner for obtaining foreign capital. A good reputation cannot be developed by itself, and therefore it is necessary to justify the foreign capital owners’ confidence only by experience
The Ukrainian economy advantages hold the interest of foreign investors. Now Chinese entrepreneurs are particularly confident in entering the Ukrainian market, with the aim of helping to overcome crisis phenomena and to jointly continue mutually beneficial cooperation according to the state initiative “One Belt — One Way”.
Ukraine’s investment rapprochement with China has a significant advantage not only in receiving a reliable financial source. It is also a chance to learn from the state experience, which has kept the reputation of the safest partner in attracting foreign investment in recent years. Mutual Ukraine initiative with investors and communication activity is the path to economic well-being.