UFUTURE COMPLETED THE FIRST PHASE OF THE DEVELOPMENT OF BILA TSERKVA INDUSTRIAL PARK

This year the park to have two clusters, production and logistic, with 11 entities onboard

Kyiv, January 10, 2022. – UFuture holding company, which develops the Bila Tserkva industrial park, announces changes in its configuration and the finish of the first phase of development.

In accordance with the new business strategy, the company relocate production capacities of the Plank Electrotechnic to partners, and places the German manufacturer of automotive components in its place.

The company also will sell and remove from the register of industrial parks 22 hectares of land on Levanevskoho St. 150, Bila Tserkva. The new owner plans to build a modern production facility with warehouses, engineering and transport infrastructure in this place, but will not work in the format of an industrial park.

At the beginning of 2022, there are six processing and logistic enterprises operate on the territory of Bila Tserkva Industrial Park. Five more plants will be built during the year. Thus, as part of the first phase of the industrial park, two clusters will be formed, production and logistic, with 11 entities onboard. They will form a sustainable industrial ecosystem that will ease the negative impact on the environment, reduce resource consumption and maintain decent working conditions.

“The successful development of the first phase of Bila Tserkva Industrial Park related to our model of work with potential residents. We build turnkey facilities, and then focus on providing service, support and consulting for our residents. Thanks to our model industrial companies can start production in a short time, i. e. in 3-6 months,” said Andriy Ropitsky, director of Bila Tserkva Industrial Park.

In 2022, the UFuture holding company will start the implementation of the second phase of the project in Bila Tserkva with plot of land of over 34 hectares at the corner of Ivana Kozheduba and Zakhidnyi Proizd streets. This plot will participate in the state program for the development of industrial parks.

Additional information

UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky that integrates his business and impact-investment projects. The company has a diversified portfolio of assets in the fields of real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. Currently, UFuture’s assets are estimated at $500 million, and the total capitalization of the businesses it invested in is up to $1 billion.

Bila Tserkva Industrial Park is UFuture’s investment project aimed at creating infrastructure and conditions for the sustainable industrial development of Ukraine.

The park offers industrial land with all the engineering infrastructure and ready-made modern production, logistics and storage facilities for rent or purchase. Knowledge and significant experience in the development of industrial real estate allow the park team to provide the client with a range of services for efficient production.

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