By KYIV. May 11 (Interfax-Ukraine) – The management company U Park has completed all the preparatory work, in particular, with infrastructure and engineering networks, and plans to start building the first factory of the Vinnytsia Industrial Park, on the basis of which it is planned to create an agro-food tech cluster, the project initiator, co-founder of U Park and co-owner of food tech HD Gtroup and GFS companies, Borys Shestopalov, has said.
“We plan to build 20 factories, with 3,000-4,000 workers. About 50% of the amount is needed from investors. The total cost is about $80 million,” he said at an online forum on logistics and industrial parks recently organized by UkraineInvest.
According to the presentation, the park is planned to be built by late 2027.
According to Shestopalov, the idea of U Park is to create special clusters based on industrial parks that run the recycling business. Vinnytsia is the debut one, where it is planned to focus on processing or supporting food processing.
“It is a new, improved food industry where the research center plays an important role. Vinnytsia is a very good location: the city is first in various rankings,” the project initiator said.
He said that food producers today have many problems with logistics and raw materials, and energy supply but that is why the park project should facilitate their solution.
The U Park co-founder added that the plan is to build a new 28 MW line to the park, cover all its buildings with solar panels and purchase energy from renewable sources.
According to the data presented by him, the Vinnytsia Industrial Park’s total area is 35.7 hectares, allowing the park participants to use about 30 hectares and place buildings on 125,000 square meters.
In addition to production facilities on 107,000 square meters, there will also be storage facilities on 14,400 square meters and administrative buildings on 3,600 square meters. The distance to the autobahn is 2 km, and to the Vinnytsia railway station is 4 km.
Capital investments in the project are estimated at $71.6 million, and operational investment for nine years at $8.6 million. Almost $8 million is planned to invest in infrastructure and networks, and the construction of production facilities will require $53.5 million, warehouses $7.2 million, and administrative buildings $2.9 million.
Shestopalov said that U Park is interested in co-investors in the entire industrial park, the construction, purchase, or lease of its individual facilities, and cooperation with warehouse operators and developers.
