Ihor Marchuk, the Chairman of the Subcommittee on State-Business Interaction and Investment of the Committee on Economic Development, took part in the international forum “FIT for Ukraine Bukovyna: Fruit and Vegetable Processing”, where he spoke about the opportunities that the state has structured within the framework of the “Made in Ukraine” economic policy.
“Processing. Production. Added value. Three words that separate degradation from development, leadership from dependence, prosperity from decline,” says Ihor Marchuk.
“Three tasks that need to be completed perfectly, despite the full-scale war of moscovia against Ukraine.
Three goals that need to be achieved to get rid of the archaic label of “breadbasket” and turn into a production, innovation and intellectual centre of the post-industrial world!
Currently, the share of the manufacturing industry in Ukraine's GDP is just over 8%. To prevent raw material colonisation, the OECD sets the minimum value at 20%. Gross fixed capital formation is 11.2%. To modernise and restructure the economy and achieve faster economic development, this figure should exceed 30%. The depreciation of fixed assets is over 54%.
What needs to be done to remedy the situation in the medium term and prevent further degradation?
A country of entrepreneurs.
Catalyse the latent economic potential concentrated in society through economisation (stimulation and development of entrepreneurial activity in the general population, especially in economically inert social groups).
A country of resources.
Ukraine ranks 9th in the world in terms of arable land, 25th in terms of farmland, and 35th in terms of perennial plantations.
A country of producers.
Develop and cultivate industrial, family, craft, handicraft and individual production.
A country of exporters.
Stimulate and support exports. Proactive economic diplomacy of the state.
A country of opportunities.
Strengthen partnerships between the state and business. Working together for results.
Business is committed to development and requires partnerships and respect for its work and recognition of the role that business plays in ensuring Ukraine's sustainability and capacity in the struggle for economic independence.
The joint work of the government, the public and business is the key to Ukraine's success!”