President of Ukraine Volodymyr Zelenskyi has signed the law On Industrial Parks, aimed at attracting investment in the industrial sector of the economy via introducing stimuli in industrial parks. (bill №4416-1).

According to the law authors, the law will make it possible to reveal the industrial parks potential as an efficient tool of overcoming industrial problems and consequences of the current economic crisis in Ukraine.

Municipality representatives expect industrial parks to become another tool of attracting investment, creating new jobs and enhancing the municipality financial capability as soon as the law comes into force.