A delegation from Bila Tserkva’s twin city, Jingzhou (China), visited the Bila Tserkva Industrial Park.

The delegates first visited the construction site of Plank Electrotechnic Plant. It is the first manufacturer of modern electrotechnic systems in the «plastic cluster» of Ukraine. The plant is being built with the use of all possible energy-saving technologies, which reduce energy costs and thus have a positive impact on the final value of the product.

Volodymyr Khmurych, the Director of the Bila Tserkva Industrial Park, highlighted the main advantages of doing business in Ukraine for a foreign investor, in particular, the free trade zone with the European Union and Canada, a large market of highly skilled professionals, relatively low production costs and a low-paid labor force. In addition, the geographical location of Ukraine, as well as the industrial park within Ukraine, is advantageous for international logistics, which provides additional benefits.

Volodymyr Khmurych stressed that the park will house, in addition to the plastic cluster, enterprises of the light industry and agrarian processing, which means there will be no potentially «dangerous» production.

The delegation showed a very keen interest in the peculiarities of creating a business in the park, the share of foreign capital, the credit and tax system of Ukraine. The guests see prospects in the production of food, agriculture and machine building. The delegates invited the official representatives of the city of Bila Tserkva and the Bila Tserkva Industrial Park to visit a Chinese import exhibition to present the park to the municipal leaders and local entrepreneurs and to hold talks with interested parties.

«This at least indicates their interest and willingness to cooperate. And such visits are key to establishing joint work, mutual development and improvement, and exchanging experience. And one should not be afraid of this as the world today is striving for globalization and, in a narrower sense, national economies are becoming more interconnected and dependent on each other. And that’s why Ukraine has a very good chance to work with China,» Director of the Bila Tserkva Industrial Park Volodymyr Khmurych has said.