Ukraine’s agro-industrial sector, which has enormous potential due to fertile soils, favorable climate and advantageous geographical location, needs significant investment to recover from the war. According to an analytical study by the government’s investment promotion and support office UkraineInvest, Ukraine needs to attract $56 billion in investment over the next decade to recover and develop its agricultural sector.

The study indicates that, despite attractive conditions for investors, Ukraine’s agro-industrial sector has suffered significant losses due to the fighting. According to estimates, the total losses of the industry amount to about $80 billion. Most of these losses — more than 65% — fall on the regions directly affected by the fighting. The recovery of this sector requires large-scale investments in various areas, which will allow maintaining the competitiveness of Ukrainian agricultural products on the world market.

One of the key aspects of the restoration of the agricultural sector is the development of infrastructure, in particular investments in irrigation systems, which are of great importance for increasing yields, as well as the modernization of logistics chains and storage of crops. Problems with effective logistics, which existed even before the war, became even more acute during the conflict. Therefore, one of the priority areas for investors is precisely the improvement of infrastructure and the creation of new capacities for the storage and transportation of agricultural products.

According to the study, the Ukrainian agricultural sector not only requires large investments for restoration, but also in order to ensure sustainable development in the face of constant challenges. Investing in modern technologies, sustainable development and innovative production methods will help not only return the industry to pre-war volumes, but also significantly improve its productivity.

State support for farmers, in particular within the framework of government programs and initiatives, is also of great importance for attracting investment. Given the importance of the agricultural sector for the Ukrainian economy, the government continues to work to create favorable conditions for investors. At the same time, it is necessary to focus on eliminating barriers to investment, such as bureaucracy and an imperfect legal system.

To attract $56 billion in investment, it is also important to establish international cooperation and create an attractive investment climate that will allow taking advantage of the opportunities that open up against the background of global trends in the field of agribusiness.