Source – Vinnytsia RSA

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On May 16-17, the Center for re-training and advance training of public officials of Vinnytsia region hosted a two-day training on “Applying Investment Instruments in Communities” held with support of PLEDDG Project and in partnership with Vinnytsia Regional State Administration.

The representatives from public bodies, amalgamated territorial communities, public utility companies, PLEDDG experts and specialists took part in the event.

Volodymyr Merezhko, Director of Department for International Cooperation and Regional Development of Regional State Administration, welcomed the participants of the training: “I would like to express our gratitude to PLEDDG Project for their active cooperation and implementation of a range of various projects. As far as Vinnytsia region keeps staying ahead of all social and economic indices across Ukrainian regions, the event in question is vitally important for further development and creating an attractive investment environment. Besides, I would like to point out that private investors are currently implementing about 80 long-term investment projects in industrial sector for the total amount of more than 26.45 bln UAH., which will allow for creating more than 6000 workplaces in the next 2 years. Just to name a few largest projects to be implemented in our region, which are “Myronivskyi Khliboproduct” PJSC – an advance corn processing plant, “Head International Holding GmbH” – a manufacturer of winter sport products, and a project on increase in capacity of SE “Electric systems” – a manufacturer of car cables”.

Besides, the Head of Department welcomed PLEDDG Project to join development of the Strategy of sustainable regional development of Vinnytsia oblast until 2027. During the event, Oleksandr Dudka told the attendees about key instruments of local economic development, types of investments and fundraising sources, as well as showcased successful solutions and drew their attention to possible mistakes.

At the same time, the importance of introducing organizational instruments of investment process activation was emphasized, which, in its turn, means creating industrial, scientific, and technological parks, business incubators, and co-working centers.

Having outlined a step-by-step plan for building an investment passport, featuring community’s investment attractiveness, the Project’s consultant took on practical activities in groups which helped him develop the trainees’ practical skills of identifying and defining key components of investment attractiveness of communities and the skills of identifying a potential investor.

At the close of the training, all participants will obtain certificates of successful completion.