According to European Business Association (EBA), Ukraine’s Investment Attractiveness Index has grown to 3.15 points on a 5-point scale. Last year the index was 2.88 and 2.85 points – in June and December respectively, the EBA reported.The last time the index was higher than 3 points only at the end of 2011.
The last time the index was above three points only at the end of 2011.”Business is slowly recovering from the constant stress of crisis years,” they say in the association.
The analysts noted a number of positive developments that have occurred in Ukraine since the beginning of 2017, in particular, the openness of government data, gradual deregulation, the development of electronic services, simplification of procedures for obtaining permits for construction, a moratorium on inspections, easing currency control.
Although in the first half of the year 54% of investors remain dissatisfied with the business climate, this figure is 13% lower than last year, because in December this was 67%, reports the EBA.”The investment climate has become more predictable, as there was no sharp deterioration of the situation, and business has become accustomed to the existing conditions,” the EBA said.
“The investment climate has become more predictable as there was no sharp deterioration of the situation, and business has become accustomed to the existing conditions,” informed the association.
In its study, the EBA analyzed expert assessments of 142 executives from major international and Ukrainian companies.