agriculture, agricultural sector, investment, food products, manufacture
Investments into agriculture of Ukraine grew by almost 60%

 

In the first quarter of 2017, the tendency of significant growth of investments in agriculture remained.

This was reported by the press service of the National scientific center «Institute of agrarian economy».

According to the State statistics service of Ukraine, the total volume of capital investments developed in agrarian sector of economy in January-March 2017, amounted to 10.9 billion UAH.

«This is 4.0 billion UAH or 57.9% more compared to the same period of the previous year, said the Head of Department of investments of the National scientific center „Institute of agrarian economy», C. E. S. Nikolay Kisil.

According to him, during this period the share of the agricultural sector in the total volume of investments in the state's economy also increased — from 13.5% to 16.8%.

The expert said that almost the entire increase of capital investments into agrarian sector of economy is achieved at the expense of agriculture. In the structure of total investment growth in the economy, it is 35%.

In the production of food and tobacco products capital investments in actual prices remained at the level of the previous year.

For 1 UAH of capital investment into manufacture of food products and tobacco products in January-March 2017 it was 3.38 UAH of investments in agriculture.

Dairynews.com

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