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The Ukrainian Ministry of Economic Development and Trade reports it has registered a new industrial park, "Zolotonosha" in the country's Cherkasy region.
"The aim of setting up an industrial park is to ensure sustainable economic development in Zolotonosha, providing it with well-equipped infrastructure, better logistics and related services with a target of ensuring economic growth and creating favorable conditions to attract investment and improve the region's competitiveness," the report said.
Read alsoPM Groysman supports creation of industrial parks in UkraineProduction of auto parts and components for agricultural equipment is planned to be set up at the site as well as the production of electrical equipment and textile. Deep processing and storage of fruits and vegetables are also among the park's planned operations.
This is the 20th industrial park officially registered in Ukraine.