Prime Minister Denys Shmihal said that after the war in Ukraine, a boom in the development of the military-industrial complex is expected. The head of the Cabinet of Ministers spoke about this during a speech at the Ukraine Recovery Conference in London.
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We have identified five key segments that will form the basis for the renewal and transformation of our economy,” the head of government said.
Shmihal noted the great potential in the energy sector of Ukraine, gas production and storage, as well as hydropower.
Already, European global companies are considering the possibility of building production facilities in Ukraine. After the war, we expect a real boom in the development of this sector in Ukraine,” the prime minister added.
Shmihal also said that after the war, the growth of agriculture could double. In addition, the head of government mentioned the IT industry.
We are ambitious to become one of the leaders. We offer the best conditions for attracting the private sector. Those who invest in Ukraine today will have extraordinary opportunities and prospects in the coming years,” Shmigal concluded.
Recall that Ukraine sets a goal in ten years to increase the gross domestic product (GDP) to 1 trillion. According to the Minister of Economy Yulia Sviridenko, in 2022 Ukraine’s GDP fell from more than 200 billion dollars. up to 161 billion dollars. Growth in ten years to 1 trillion. means an annual increase in the nominal GDP of Ukraine in dollars by 20%. Sviridenko noted that the restoration of Ukraine will require from 500 billion dollars. up to 900 billion dollars.
Source: Racurs
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