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Industrial park “Island” to be created in Chervonohrad district

On 20 June, during a regular meeting of the Chervonohrad City Council, deputies voted to establish the Ostrov Industrial Park for a period of 30 years.

This was reported by the Chervonohrad City Council.

Its area is 27.2587 hectares.

According to the concept, the functional purpose of the industrial park is the processing industry (key industries: machinery and equipment production, food production, and textile production). The expected number of jobs to be created is 450-900 in the core industries and more than 500 in related areas, and the expected investment is UAH 480-960 million.

Reminder: Only one company has applied for the management of Chervonohrad Industrial Park

Pursuant to the decision of the session, the Economic Department of Chervonohrad City Council must submit documents for the inclusion of the Ostrov Industrial Park in the Register of Industrial Parks of Ukraine.

To recap: Chervonohrad plans to create a 63-hectare industrial park with 3,250 jobs

At the same meeting of the session, the deputies adopted a decision “On organising and holding a tender for the selection of a management company for the Ostrov Industrial Park.

The concept of the Ostrov Industrial Park is available at https://www.chg.gov.ua/Rishennia-sesii/st-7000

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