Print

IBI-Rating has determined the rating of investment attractiveness of Kharkiv city at invАА grade

20.07.2016
Rating agency IBI-Rating informs on determining of the rating of investment attractiveness of Kharkiv city at invАА grade (excellent investment attractiveness).

The determined grade of the rating of investment attractiveness of Kharkiv city is due to its importance as one of the major cities in Ukraine, as well as a regional center. Favourable natural and climatic conditions and industrial potential, providing additional opportunities for investors, are constrained by infrastructural problems, in particular, the obsolete engineering and transport networks, housing and communal economy facilities, etc. At present, modernization and reconstruction of a part of such facilities is carried out, including, with the envisaged involvement of international financial institutions.

Actions on increasing the level of management culture in the city and as regards improving its investment climate, along with the coordination of the local authorities representatives in solving key issues of the city life, create certain growth potential of economic development indicators in a number of economic sectors. However, these opportunities are constrained by the lack of significant leverages to provide benefits to investors and the lack of a strategy of building relations between the authorities and investors.

Kharkiv city is inherent in high indicators of social and economic development, some of which exceeding average indicators for Ukraine per capita (industrial output sold, housing commissioned, retail trade turnover, budgetary provision).

The activity of foreign investors in the city is sufficient. However, it is accompanied by the decline in foreign direct investments. The city is inherent in good provision in establishments of health care, education and culture, financial institutions, availability of all key transport infrastructure. Indicators of income of the population are below the average income in the country. There is a reduction of actual population due to natural decrease.

A positive impact on the city rating may have, as follows: improved regulatory framework and successful implementation of the basic programs of the city development, growth of most indicators of social and economic development to the state level, improved state of the infrastructure. A negative impact on the city rating may have, as follows: further obsoletion of the infrastructure, detection of complaints from investors on activities of the local authorities, decreased indicators of the city development, reduced volume of investments.

In order to conduct the analytical research the materials provided by Kharkiv city, have been used, including: indicators of social and economic development, materials of statistical bulletins; annual treasury statements, program materials, other necessary internal information, as well as the information from the public sources, which the Rating agency considers credible.

Municipal department

For more information please contact:
Press service of IBI-Rating
(044) 362-90-84
press(at)ibi.com.ua