The Vitagro Group has announced significant investments in the creation of a new industrial park, ABC Hub, which will be located in the Khmelnytskyi region and will specialize in agricultural processing. Construction work on the first phase of the project is planned to begin in the second half of 2025, with production capacity expected to launch in 2028.
This is reported by Finway
Structure and Opportunities of the New ABC Hub
The park will cover an area of 11 hectares and will bring together enterprises for the processing of agricultural raw materials, food production, packaging manufacturing, as well as warehouse complexes, research centers, laboratories, a developed logistics infrastructure, and retail facilities. The total investment in the creation of the industrial park is estimated at 1.65 billion UAH. At the initial stage, Vitagro plans to allocate 127 million UAH of its own funds for preparatory work.
Impact on the Regional Economy and Innovative Development
Thanks to the implementation of this project, at least 350 new jobs will be created at the ABC Hub. It is projected that the annual gross domestic product generated by the park will range from 6.9 billion UAH at the initial stage to 13.7 billion UAH by 2033.
“ABC Hub is set to become a center for modern production and a platform for implementing innovations, developing local talent, and creating a stable economy in the region. We aim to create a space where environmental responsibility is combined with industrial efficiency,” said Vitagro.