REGIONAL FEATURES OF INVESTMENT ACTIVITY IN THE FIELD OF AGRICULTURE

  • Koretskyа N. LUTSK NATIONAL TECHNICAL UNIVERSITY
  • Oliynyk S. LUTSK NATIONAL TECHNICAL UNIVERSITY
Keywords: investment, agriculture, agricultural land, agricultural worker, investment activity, region

Abstract

The development of agriculture, ensuring its competitiveness in the domestic and foreign markets requires the creation of a favorable investment climate and the provision of investment activity in the agricultural sector in all regions of Ukraine.In each country, agriculture is a vital part of the national economy (more than 80% of the consumption fund is formed at the expense of agricultural products), and attracting investment in this type of economic activity in the medium and long term is a prerequisite.The article analyzes the actual level of investment activity of agriculture in the regions of Ukraine, which is largely characterized by the following indicators: investments per hectare of agricultural land and 1 employee in the industry.It has been established that on average in Ukraine in 2017 per capita agricultural land was invested 1597,0 UAH of investments, which is 2 times more than in 2015.In total, the volume of attracted investments per hectare of agricultural land by regions is significantly different. So, in 2017, the leader among the regions for this indicator was the Kiev region and Kiev, while the smallest investments per hectare of agricultural land fell to the Transcarpathian region. In general, in 2017, the largest volume of investments (except Kyiv oblast and Kyiv) was involved in Ternopil, Vinnytsya, Poltava and Cherkasy regions, and the smallest (except for the Transcarpathian region) were Chernivtsi, Lugansk, Donetsk and Lviv regions.The largest amount of investments per one employee in 2017 was involved in Chernihiv, Zhytomyr, Rivne and Ternopil regions, and the smallest – in Zakarpattya, Chernivtsi, Donetsk, Cherkasy and Luhansk regions.According to the integrated assessment, it was found that the regions with a high level of attraced investments included the Kyiv region and the cities of Kyiv, Zaporozhye and Chernihiv regions; to the regions with an average level – V innytsa, Dnipropetrovsk, Zhytomyr, Kirovograd, Poltava, Rivne, Sumy, Ternopil, Kharkiv, Kherson, Khmelnytsky, Cherkassk, and to regions with low – Volyn, Donetsk, Zakarpattia, Ivano-Frankivsk, Lugansk, Lviv, Nikolaev, Odessa and Chernivtsi.It is proved that such a difference in the levels of investment activity of the regions of Ukraine is a result of, first of all, differences in the levels of their socio-economic development and state and regional policy, which requires the achievement of the following strategic goals: full provision of agricultural development needs in investment resources; ensuring the growth of investment opportunities of agricultural producers; expansion of agricultural financing in order to increase its investment attractiveness

Published
2020-01-28