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On October 17th on the plenary session the Ivano-Frankivsk regional council has approved the Development Strategy for Ivano-Frankivsk region till 2020.

The Strategy was drafted by the work group and facilitated organizationally and methodologically by the EU project «Support to Ukraine's Regional Development Policy»

For the nearest future under regional investment policy priorities the Strategy identifies the high-tech industries that create added value and are environment friendly, in particular, precise mechanical engineering, instrument engineering and production of electronic and electrical products.

In this way, following the strategic goals the local authorities will direct their activities in the first instance towards the development of transport infrastructure and improvement of transport access. 

The potential projects that can essentially increase the investment attractiveness of the region and have been listed in the Strategy concern the new border pass point through the Ukrainian-Romanian state border and adjusted motorway, industrial parks, science and technology parks, master planning of new mountain resorts, and reconstruction of international airport in Ivano-Frankivsk. 

The direct impact of the improved regional investment commitment is expected in the essential increase of investment and creation of dozen of thousands new job places. 



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