Ukraine modernizes the operation system of industrial parks.

The law on industrial parks has been adopted by the Verkhovna Rada

The Verkhovna Rada has adopted a bill aimed at removing regulatory barriers and improving the regulatory framework for industrial parks. According to the explanatory note, the adoption of this law will help utilize the potential of industrial parks as an effective tool for the development of Ukrainian industry and overcoming the economic crisis.

One of the provisions of the bill defines the functions of the subjects of industrial parks, regulates the issues of placing facilities (except for industrial ones) on the territory of the park, expands the possibilities for the development of parks, and cancels restrictions on their area.

The law also defines the procedure for the transfer of ownership rights to a land plot from the initiator of the industrial park to another person and improves the procedure for including or excluding industrial parks from the register.