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Europe’s largest country in the area, combining the advantages of Ukraine’s longest common border with the EU, some of the richest agricultural land in the world, large and growing domestic market, skilled workers with labor costs one tenth of the European average. The situation in the Lviv oblast at the crossroads of trade routes between Europe and Asia and from Scandinavia to southern countries provides access to 100 million consumer markets of Ukraine, Russia and other CIS countries. attractiveness of Lviv Oblast is ensured by:
- dynamically developing market,
- well-educated and skilled workforce that adapts easily to the needs of the market (150,000 graduates from 62 higher educational institutions on the territory of the Lviv Oblast is a year),
- significant part of modern industry in the economy of the area, increasing the amount of innovative enterprises, wide network of research institutions,
- developed telecommunications infrastructure,
- modern market of financial services,
- Low-cost manufacturing base and rich recourses,
- International airport “Lviv” as well as transport corridors, by Oblast Territory – the unique charm of the city of Lviv, which is incorporated into the UNESCO list of world cultural heritage, and many recreational opportunities,
- ancient traditions of the trade with Russia and CIS countries, – implement a series of international development programs in the oblast. priorities for regional development
1 Lviv Oblast is a region with a sustainable economic and entrepreneurial development.
2 Lviv oblast is a gate of Ukraine to the EU.
3 Lviv Oblast is a region of highly qualified people, innovation potential and technological leaders.
4 Lviv Oblast is a region of clean and attractive natural environment, culture, tourism and recreation. The investment policy will be based on the well-defined partnership between the state and the private sector and implemented taking into account the following principles:
- provides investors with the same rights and conditions for investment,
- providing investors with guarantees against noncommercial risks (deterioration of investment conditions, caused by the actions of state officials or local regulatory documents),
- matching potential investors interests and tasks of the strategic economic development of the area,
- Improve investment infrastructure,
- promoting the Lviv Oblast in the investment market. Preparation for the Euro 2012 final tournament and the creation of opportunities for implementing a large scale and small scale projects are the primary duties of the Investment Program.
The information for investors, including records of the land, unfinished construction and other investments will be on the official Internet portal in the Lviv oblast available. www. . Invest Lviv. ua priority investment projects
1) reconstruction of the international airport “Lviv”
International Airport “Lviv” is an air-crossing in the Western Ukraine that provides air transportation between the city of Lviv in Ukraine and the Regions and the world. 100,000 passengers and about 40 tons of high value cargo through the airport run every year. The airport is located in the second geographical area in the world airspace included. The Austrian company, Airport Consulting Vienna developed the concept of the International Airport “Lviv” development. Modernization of Lviv airport was also in the state, was added to prepare for the final round of the soccer Euro 2012. The project cost USD 166th 1 million, including the investors’ contribution of $ 97th 2 million. 2) construction of a stadium in Lviv
A brand new stadium is planned to be built in Lviv in the preparations for Euro 2012. The new stadium is conveniently located 12 km from the city center, near the most powerful residential area within the transport corridor # 5 25 acres of land for the construction of the stadium, it was decided their infrastructure with a shared parking. After the project plan is the stadium record in the position to be 40,000 people and will allow that to play quarterfinal games. The project of the stadium was developed by German company HOCHTIEF. The construction of the stadium and its infrastructure will require an investment 290 million USD. 3) construction and maintenance of Lubelska mine.
Lviv Oblast is rich in coke. The project provides for the extraction of coal by means of highly effective innovative technologies. The coal from mine to Lubelska eligible for charring and is among the most valuable types of “K” mark. The deposits are reported, are estimated at 86 million tonnes. After completion of the construction mine it is partly national shortage tap for coal to be reduced. General need for investment is USD 400 million.

State and Dynamics of Investment Processes The trend of the stable inflow of the oblast’s economy is considered:
- for the nine months of 2007 Foreign investors invested USD 164th € 7 million and the second is 2 times more than for the corresponding period of 2006.
- the total investment in Lviv oblast waiting made up USD 653rd 2 million. heard by the volume of inflows in Ukraine Lviv oblast of the 10 most attractive investment locations operating regions 8th Place in the western regions as the most attractive investment area has been classified.
61 countries currently invest successfully in Lviv oblast. The most important investments come from Poland, Germany, Denmark and Hungary. Foreign investment was attracted in 1206 businesses in the Lviv Oblast. obtained by the number of businesses using foreign investment, holds the second Lviv oblast Space for the capital of Ukraine Kiev. The largest inflows were to draw the basic branches of the oblast economy and the banking sector. The following towns and districts of the territory were the most active investment:
- the city of Lviv – USD 425th 1 million, or 65 years. 2% of the total volume of investments (Laura Ltd (Italy) – Manufacture of clothing, a subsidiary Gangso Ukrayina (Denmark) – Manufacture of furniture, Merkuriy Ukrayina Ltd (USA) – transport services);
- Stryi Rayon – USD 52nd 3 million, or 8 0% of the total volume of investments (Leoni Waering Systems UA GmbH (Germany) – auto-wire systems production, Halychyna Zakhid Ltd (Germany) – pig);
- Yavoriv Rayon – 35 USD. 9 million, or 5 5% of the total volume of investments (Provimi Ltd (Poland) – production of fodder, Yevroshpon Ltd (Spain) – wood processing). Increasing the highest rates of investment funds are expected in the following areas: Production of parts for mechanical engineering industry, production of packaging materials and plastic products, agriculture, freight and passenger transport industry. Significant investment in the development of the construction sector and production expected from modern building materials. In 2008, the financial and banking sector is developing well.