Usharova ME 15 m .pdf

8/18/2019 Usharova ME 15 m .pdf

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UKRAINIAN INVESTMENT CLIMATE IMPROVEMENT THR

CZECH EXAMPLE

YULIIA USHAROVA

Scientific Supervisor – AssoVeronika Chala, PSACEA Language Supervisor – Asso

Anastasiia Tokarieva, PSACEA


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Main steps of Czech Republic on the way to the success

radical marketreorganization

“warrant privatization”

the Law “About attractinginvestments”

decreasing the tax on profitfor the next 10 years

cession of the territory toinvestors at reasonable price

financial support foroffering employment


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Ukrainian-Czech cooperation in the sphere of investment policy

will establish new understanding of those methods that can be

efficiently used in Ukraine.

The main purpose is to investigate Czech investment

reforms, compare them to Ukrainian conditions, and

outline the main directions for their further developmentin Ukraine.


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0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

FOREIGN DIRECT INVESTMENT M USD

Ukraine Czech

Sour ce: insider.com. ua; cnb.cz


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25%

25%

16%

14%

14%4%

1% 1%

Foreign direct investment inCzech Republic by economic

activitymanufacturing

financialintermediation

real estate andbusiness activities

trade, hotels andrestaurants

transport, storageandcommunicationselectricity, gasand water supply

Sour ce: Czech Nat iona l Bank

10%

9%

7%

23%

Foreign direct investUkraine by economic

manufacturing

construction

transport, storageandcommunications

retail andwholesales,

vehicles and bikesrepairingagriculture,forestry and fishery

Source: ukrst at .gov.ua


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Ukraine has very favorable platform for the growth

if we consider its location, natural and human

resources, research potential and its attractiveness

to foreign investors.


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Scenarios for further development of Ukraine

determiningprimary economic

sectors

decreasingtaxation on profit

includinginvestment andinnovation

charges into thegross expenses

duty freeimporting of high-tech equipmentfor knowledge-

intensive industry

VAT freeequipment and

goods unrivalled in

Ukraine

establishing ofspecial economic

zones

adopting theInternal Revenue

Code


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Investment and Business Development Agency CZECHINVEST

Provision ofinformation onthe possibilitiesof support for

small andmedium-sized

enterprises

Implementationof aid programsfinanced by theEU and by the

state

Provision offormal

consultingservices focused

on projects

Administrationof a business-

propertiesdatabase

Support forsuppliers –

administrationof a database ofCzech suppliers

Assistance withimplementationof investment

projects

Mediationstate invest

aid


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CzechAccelerator 2011–2014

The project was focused on firms with innovative, commercially viableproducts in the fields of ICT, life sciences, nanotechnology,

biotechnology, medical technology, clean technologies and precisionengineering.

Over the past four years, the CzechAccelerator project has helped

innovative firms gain experience with doing business in advanced foreignmarkets, particularly through development of management experience andenhancement of marketing skills. Since 2011 it has announced 6 calls in

total and the project has supported 39 companies.


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Main Reasons to invest in the Czech Republic

-- Safe investmentenvironment

-- Skilled and well-educated workforce

-- Favourablelabour costs andprice stability

-- Central locationin Europe

-- Dense and high-quality

infrastructure

-- Transparentsystem of

investmentincentives

-- Strong focus onR&D

-- Stable social andpolitical system

-- EU membership

-- Mentality, cultureand attitudes

similar to those ofwestern countries

-- High quality oflife


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THANKS FOR BEING W

US TODAY

Documents

Usharova ME 15 m .pdf