The role of potential foreign investors in the development of the economy of Ukraine in the conditions of war

Author:

Verniuk N.1ORCID,Diachenko M.1ORCID

Affiliation:

1. Uman National University of Horticulture, Uman, Ukraine

Abstract

The article examines the essence of investments and their role in the economic development of Ukraine. The main factors and obstacles that negatively affect the development of investment activities in Ukraine are characterized. The priority areas of investment development were determined and the main factors influencing the level of business activity and investment environment in Ukraine were determined based on the results of a survey of international and Ukrainian companies. The main positive steps of the government in the direction of creating qualitatively new business conditions and activation of investment activity are considered. It has been established that for a satisfactory state of investment activity of Ukrainian enterprises in wartime conditions, it is necessary to carry out a number of measures on the part of the state to eliminate large-scale corruption, improve the judicial system, etc. The priority directions and spheres of investment activities, in particular in the development of the agrarian sector, have been determined. There is a well-founded need to create and implement promising investment programs for the development of agricultural enterprises, as well as support innovative development of all branches of the country's economy in order to eliminate the negative consequences of Russian aggression, stabilize and develop the economy of Ukraine. Key words: investment, investment activity, investment environment, investment policy, investment development.

Publisher

The Bila Tserkva National Agrarian University

Reference25 articles.

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3. Guivan, O. Fifth "Ukrainian-German Economic Forum". October 24, 2022 URL: https:// suspilne. media/301736-u-berlini-rozpocavsa-patij-ukrainsko-nimeckij-ekonomicnij-forum/ (access date: 10.01.2023).

4. Project of the Recovery Plan of Ukraine. Materials of the working group Development of the military-industrial complex. The National Council for the Recovery of Ukraine from the Consequences of the War. 07/2022 URL: https://www.kmu.gov. ua/storage/app/ sites/1/recoveryrada/ua/development-of-the-military-industrial%20complex.pdf (access date: 12/17/2022).

5. Investments in Ukraine and economic recovery. Ministry of Economy of Ukraine. Department of Public Relations and Mass Media, 12/21/2022. State websites of Ukraine. URL: https://me.gov.ua/Documents/Deta il?lang=uk-UA&id=62bfd716-8665-4a4c-9e2d-6325 ba53b3c8&title=InvestitsiiVUkrainuTaVidnovlenniaEkonomiki (access date: 12/21/2022).

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