Investors plan to implement a large-scale project for the development of the Chortkiv West industrial park in the Ternopil region by 2028. According to representatives of the “Ukrainian Industrial Cluster” from Kharkiv, preliminary agreements have already been signed to attract $30 million for the construction of production facilities and modern educational centers.
This is reported by Finway
Project Implementation Stages and Job Creation
The construction will take place in two stages. The first stage, scheduled for 2026, involves the erection of production facilities covering an area of 20 hectares for cluster participant companies. At this stage, 340 new jobs will be created. The second stage, which will start in 2027, involves the construction of innovative educational and dual centers on another 20 hectares, which will provide an additional 280 jobs.
Potential of Industrial Parks in Ukraine
According to a study by the development company Alterra Group, there are currently 104 industrial parks in Ukraine. Their activities can annually contribute approximately 39.3 billion hryvnias to the state budget, attract up to 152.9 billion hryvnias in investments, and create over 152,000 new jobs. Last year alone, a record 31 industrial parks were registered.
The largest number of such industrial sites is located in the Lviv region (17 parks), Kyiv region (13), and Zakarpattia (12). In terms of expected investment volumes, Kyiv region leads (32.5 billion UAH), followed by Lviv region (27.9 billion UAH) and Rivne region (15.7 billion UAH).
“Ukrainian Industrial Cluster” (Kharkiv) plans to build production facilities and educational centers in the Chortkiv West industrial park (Ternopil region) for $30 million by 2028. Preliminary agreements have already been signed with investors. In the first stage, production facilities will be built on 20 hectares for cluster companies, and in the second stage, innovative educational and dual centers will be constructed on the same area. The first stage is scheduled for 2026, and the second for 2027. The first stage will create 340 jobs, while the second will create 280.