UkraineInvest occupied the 5th place in the Investment Promotion Agency 2020 Ranking produced by Emerging Europe, a London-based intelligence, news and community platform
In the focus of the 2020 ranking was the ability and readiness of the IPAs during the COVID19 pandemic to maintain relations with investors using the digital channels.
”Over the course of the past quarter, the role of investment promotion agencies has never been more important. Being able to stabilise existing investment, while still taking proactive measures to drive new investors to their jurisdictions has remained a key priority for those locations that are committed to dynamism and a diversified economy.
Those that did this well were cities, provinces and countries that embraced digital channels to communicate seamlessly with those firms already on the ground, while luring new ones with a well-rounded value proposition. The fact that those countries rated in this year’s top five IPA listings were able to achieve such rankings speaks to the motivation and ingenuity of the teams within each of those national organisations,” Peter Ryan, principal at Ryan Strategic Advisory, told Emerging Europe.
UkraineInvest is the Ukrainian government’s investment promotion office created in 2016 to attract foreign direct investment and assist existing investors to expand their businesses in Ukraine. From its inception as a consultative body reporting to the Prime Minister of Ukraine, UkraineInvest has transformed into a full-fledged government institution committed to providing investors with “one-stop support” consisting of reliable, current information and advice on doing business in Ukraine; identifying optimal investment opportunities; guiding investors through government agencies at all levels; and helping to resolve any systemic issues investors may face.
In the result, UkraineInvest has succeeded in helping unlock $2.9 billion of foreign direct investment and resolve over 60 issues. Indeed, UkraineInvest was thrilled to have its efforts on behalf of investors recognized by the American Chamber of Commerce in Ukraine when it was awarded an annual Thanksgiving Award in 2018!
Learn more about trade and investment promotion organizations HERE.
Source/Image Credit: UkraineInvest