The bill (Reg. No. 2467) aims at attracting investments into priority areas of production in order to create new work places and employment of able-working liquidators of Chornobyl accident; introduction of new technologies; modernization of acting enterprises; development of foreign economic relations; establishment of modern production, as well as transport and market infrastructure; efficient use of natural resources, etc.  

It is suggested determine procedure of introduction and functioning of special regime of investment activity on the territory of priority development in the city of Bila Tserkva of Kyiv oblast. Under the bill, such regime is introduced for the period of 30 years in order to implement investment projects in the priority types of economic activity, the list of which is determined by the Cabinet of Ministers. 

It was noted that special (free) economic zones are established by the Verkhovna Rada at the initiative of the President of Ukraine, the Cabinet of Ministers or local councils and local state administration in the procedure determined by the Law “On general principles of establishment and functioning of special (free) economic zones”.

The Cabinet of Ministers does not uphold the draft law, for it duplicates provisions of other applicable laws on investment activity (conclusion provided). 

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