In order "not to scare away" potential investors, it is planned to form Industrial parks with special customs regulations. These parks will be formed instead of 11 Special Economic Zones (SEZ) and nine Territories of Priority Development, as declared by the Minister of Economics Sergey Teryokhin.

He said that it was agreed to form two parks for beginning – in Kiev and Lvov regions.

"The state will build an infrastructure and roads there and will introduce special customs regime to provide proper conditions for business," pointed out the Minister.

Besides, the PM of Ukraine Julia Timoshenko declared that special preferential duties within Industrial parks would be introduced for import of equipment and utility. She reported that the government should prepare a bill draft, which would fix investing rules, in several weeks. After the presidential approval the Cabinet will start formation of Investment Encouragement Agency.

"This is the very body the world businessmen asked for during Mini-Davos," underlined the PM.

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