The recovery plan of Ukraine for the period 2022-2032 contains a number of projects in the agricultural sector, the implementation of which will require at least $37 billion in investment, including the project to develop processing in the agricultural sector according to the principles of the Green Deal, for which it is planned to raise $10.2 billion.
Source: Secretary of the National Recovery Council of Ukraine Danylo Hetmantsev
It is proposed to increase the production of starch, syrups, gluten, lecithin, protein, premixes, meat and milk as the key directions for the development of processing in the agro-industrial complex.
“It is also planned to attract $4 billion of investments in the construction of an irrigation system on a total area of 1 million hectares, $7.7 billion in increasing the production of agricultural products with high added value, $1.6 billion in the reclamation of war-damaged lands, $5.5 billion in increasing livestock production and $1 billion to promote the transition of the Ukrainian agro-industrial complex to “green” development.”
In the recovery plan of Ukraine, it is clarified that the main problems of the Ukrainian agricultural sector are the low level of processing of agricultural products, the generation of insignificant amounts of added value by the agricultural sector, and the country’s dependence on “oversized imports”.
In general, the program provides for the implementation of 850 projects during 2022-2032, which will allow Ukraine to enter the TOP-25 countries in the world according to the Human Capital Index and the Economic Complexity Index.
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