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Representatives of Ivano-Frankivsk Regional Center for Investment and Development and Ivano-Frankivsk Regional State Administration took part in presentation of analytical study results "Investments – way to efficient economic development of territories: best practices, barriers and obstacles as well as ways to overcome them (as exemplified in Dnipropetrovsk and Lviv regions)" on October 29, 2013 in Kyiv.

State analysis of investment environment in Dnipropetrovsk and Lviv regions, impact of several factors on the investment attractiveness of the regions as well as recommendations to authorities at various levels, which they can use to stimulate investment activity and ensure the flow of investments in each separate region were presented during the event.

 

Prepared proposals by the results of research and analysis of investment potential, climate and attractiveness state of Dnipropetrovsk and Lviv regions must become an example of mechanisms and approaches for their use in any Ukraine`s region.

Representatives of Ivano-Frankivsk Regional Center for Investment and Development participated in the training workshop "Strategy of foreign direct investment attraction" on October 30, 2013.

Training was carried out by consultant of «Foreign investment partnership associates» (Canada) George Woods and consultant of «Regina Regional Opportunities Commission» (Canada) Dwight Mercer, who shared the experience of work with investors in Canada and demonstrated basic methods and working mechanisms towards creating a positive image of the regions and environment for investment attraction.

"Foreign direct investments are part of assets for the development. Moreover, key aspects for increase of regional investment potential shall become access to markets, access to natural resources, high profitability and access to strategic resources. These factors will direct foreign investments in Ukraine", - emphasized George Woods.

Furthermore, George Woods presented a Strategy of foreign direct investment attraction (hereinafter - FDI) and goals of national development in which he has highlighted the main components of such strategy namely the assessment of needs and potential of the region, identification of target sectors and key markets, marketing strategy development and presentation of FDI strategy in the form of a document.

For the reference: The research "Investments – way to efficient economic development of territories: best practices, barriers and obstacles as well as ways to overcome them (as exemplified in Dnipropetrovsk and Lviv regions)" was carried out by Institute for Economic Research and Policy Consulting (IER) within the cooperation of State Agency for Investment and National Projects of Ukraine and Project of international technical assistance "Local economic development of Ukrainian cities" (LEDC) in 2013.



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