Home / Analytics and news / News / U PARKS CEO IMC will create a corn processing cluster in Ivano-Frankivsk region for $151 million

U PARKS CEO IMC will create a corn processing cluster in Ivano-Frankivsk region for $151 million

14/10/2022

As the head of the Horodenkiv community Bohdan Kobylanskyi reported, community deputies have already agreed to the construction of the specified industrial park.

According to the director of U PARKS CEO IMC Valery Kyrylka, it is planned to create a cluster for deep processing of corn and enterprises involved in this production on the basis of the old sugar factory. Such a plant will be the first of its kind in Ukraine and one of the most modern in Europe.

Valery Kyrylko clarified that it is planned to build up to 110,000 sq. m. industrial and other objects.

It is noted that investments in the construction of the plant will amount to about $65 million, another $86 million will be spent on modern equipment.

Production is planned to start in 3-5 years.

 

According to Kyrylek, the future industrial park has a very favorable location, because there is already a railway branch nearby, the necessary communications and ready-made elevator capacities for grain storage.

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