Decentralization reform has turned regions into investment hubs, says Hennadii Zubko
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Decentralization reform has turned regions into investment hubs, says Hennadii Zubko

Thanks to the political will of President of Ukraine Petro Poroshenko, it became possible to launch a decentralization reform which has already yielded tangible results. It is reported by Upmp.news with reference to Government Portal.

Thanks to the political will of President of Ukraine Petro Poroshenko, it became possible to launch a decentralization reform which has already yielded tangible results. Today, Ukraine is not only investment hub, but all its regions have already become investment hubs with powers, resources and responsibilities. And this is just the beginning. This was stated by Vice Prime Minister/ Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Hennadii Zubko at the First Forum of Regions of Ukraine and Belarus.

“Due  to the decentralization reform, we are talking about strengthening regional cooperation, economic and investment opportunities. Each of our regions can produce and deliver its products not only to its region and throughout Ukraine, but also to the European Union countries. We have the opportunity to cooperate in  energy, engineering, agro-industrial complex, pipe products and metallurgy sectors “, Hennadii Zubko said.

The Vice Prime Minister mentioned that the Forum is attended by representatives from 17 regions of Ukraine and 6 regions of Belarus, as well as about 100 Ukrainian and Belarusian enterprises. Interregional cooperation agreements worth $ 100 million have already been signed, and this became possible due to the initiative of the Presidents of Ukraine and Belarus to hold the 1st Forum of Regions of the two countries.

It is worth mentioning that the President of Ukraine Petro Poroshenko aired initiative to hold the Second Forum of Regions of Ukraine and Belarus in Zhytomyr.