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Ukraine's city to build industrial park for innovation promotion

August 24, 2018


Abstract : The city of Dnipro in central Ukraine will set up an industrial park to promote the development of innovations, local media reported on Thursday.

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KIEV, Aug. 24 (Xinhua) -- The city of Dnipro in central Ukraine will set up an industrial park to promote the development of innovations, local media reported on Thursday.

The Interfax-Ukraine news agency said that the construction of the Innovation Forpost park with an estimated investment of about 97 million U.S. dollars will begin next spring.

The park, which will cover 61.4 hectares, will include a testing platform for the Hyperloop transport system, research and development centers, business incubators and training campuses.

An exhibition complex with an innovative museum of science, apartments with kindergarten, hotel and green areas will be also parts of the industrial park.

According to the estimates of local authorities, the construction of the industrial park will create about 5,000 new jobs.

The project will be jointly financed by the state, the municipal government and private investors.

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