Overview
Competition for foreign direct investment will become more intense, given the economic slowdown caused by the global recession. To compete, Ukraine needs to do a better job presenting its assets clearly, organizing them logically, and offering them to investors seeking production efficiencies in these hard economic times. Through the regional competitiveness planning process, we will help partner regions and municipalities identify, organize, prepare, improve, promote, and deliver Ukraine’s competitive assets to investors. Communities want investment that matches their region’s vision of its long-term future, links to multiple resources and assets in the region, adds innovation and value-adding capacity, and complies with a region’s environmental and energy efficiency needs. Through the regional competitiveness planning process, we will help our partners identify and pursue strategic investments with the broadest positive impact for the community.
To support this approach, our advisors lead LINC’s efforts to create and strengthen regional investment promotion agencies (RIPAs) and municipal and regional offices of economic development. We will build local and regional capacity by training investment specialists to promote their region, prepare and organize assets, and close deals. We will use analytical partners to help gather and inventory investment data.
Components of LINC's Foreign Direct Investment Attraction Assistance
1. FDI Training Program
2. Seminars on investment attraction for partner cities and regions
3. Conceptual design of industrial property
4. Ad hoc consulting assistance to partner cities and regions in investment attraction
5. Database of investment properties
6. National Investment Depot
7. Partnership on local, regional and national levels
1. FDI Training Program
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- An intensive, interactive, 6-months long professional training for FDI attraction specialists
- Four 3-day theoretical-practical workshops
- Nine practical homework assignments
- A study tour to one of the Czech Republic
- Final exams: written test to map up knowledge and presentation of an investment prospect to a commission
Various economic analyses, strategic planning methodologies, actions plan preparation, investment product development, basics of marketing and promotion of investment opportunities of the region Read more...
2. Seminars on investment attraction for partner cities and regions
At the local level, LINC's foreign investment capacity building begins during the strategic planning process in each of partner cities or regions. LINC experts ensure that all regions and all new municipalities will list attraction of investment as a high priority by delivering an intense 1- or 2-day seminars for representatives of partner cities and regions, covering topics of investment attraction. LINC also attracts experts in land, investment attraction , competitiveness, etc in the strategic planning proces.
LINC has delivered such workshops in cities of Saky, Kerch, Bakhchisaray (and the rayon), Sholkino (and the rayon), Teplodar, Odessa and Stakhanov region
Learn more about these seminars ...
3. Conceptual design of industrial property
- Local government vision of development of local industry, as well as the city territory / agglomeration
- Pre-feasibility study
- Risk assessment
- Visualization- serves as an excellent promotional material, demonstrating vision and commitment of the local government
4. Ad hoc consulting assistance to partner cities and regions in investment attraction
- Legal analysis of land regimes / consulting on other land issues
- Development of investment attraction action plans / marketing action plans / territorial marketing
- Development of investment road map/ preparation and assistance during investor site visits / communication with an investor
- Assisting in establishing contacts with the investment attraction bodies on the national level
Attracting other necessary specialists
5. Database of investment properties
- An internet platform for placing information on industrial property
- An easy and convenient way to promote investment sites
- Registration allows input data, change information, administer your own account
6. National Investment Depot
Currently the LINC is working on creating the National Investment Depot in cooperation with the National Agency no Investment and Development of Ukraine:
- A unified National Investment Depot
- An interactive tool for investors, business and local economic development specialists
- Modernized databases of investment projects, property, suppliers / GIS
- A road map for investors - regulations and procedures
- National and regional levels of information / Priority sectors of economy
A tender for Depot development is announced...
7. Partnership on local, regional and national levels
- A network of partner-cities (80 partner-cities in all regions of Ukraine)
- A network of investment attraction specialists
- Regional Development Agencies (Rivne, Lviv, Chernivtsi, etc)
- The National Agency on Investment and Development (Invest Ukraine)
- The National Agency on Investment and Innovations
- Chambers of commerce, ministries..
"Local Economic Development" Project results in FDI
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- 140 people passed the FDI training and are certified investment attraction professionals
- 80 industrial sites identified and placed in the database
- 8 conceptual designs prepared in 8 cities
- $ 1.5 billion of investments attracted
- 70000 new jobs created
