Kyiv and Lviv is in top 10 business efficient cities in the world, by Financial Times (FDI Magazine)

Among 115 cities globally Ukrainian cities Kyiv and Lviv score well in inaugural Smart Locations of the Future survey by Financial Times division fDi Intelligence in terms of international investment appeal and economic attractiveness.

These are cities where investors can invest less while making more profits. Among the indicators are:

– annual office renting cost per square meter for class A premises;
– the average salary of a skilled employee;
– room rate in the city center for one night in 4-5 stars hotels;
– income tax rate;
– the total cost of launching an enterprise;
– the cost of legalizing ownership;
– putting through an industrial enterprise to the power grid.

This ranking proves that Ukraine is rising international investment profile and is experiencing a period of sustained economic growth. Country’s GDP has risen for 3 consecutive years.

Ukraine has made significant progress during last years in the World Bank’s annual Ease of Doing Business ranking, leaving from a low point of 148th position in the 2013 report to occupy the 76th place in the 2019 edition.

Source UkraineInvest

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