News

The grain elevator launched last week in Nova Kakhovka, Kherson Oblast, is the first stage in the Kakhovka PromAgro's UAH 180 million (about $40 million) Soybean Oil Extraction Plant project. The oil extraction plant itself, Ukraine's largest, is expected to be commissioned in November this year, the company told the LED Monitor on Wednesday. More...

Kherson becomes the 76th Ukrainian city that will have its economic development strategy drafted with assistance from the USAID LED project

As the USAID LED project is nearing its completion in late 2008, Kherson has cut it fine, embarking upon the project-assisted strategic planning on July 9, when the ad hoc Expert Committee for Economic Development gathered for its introductory meeting in the City Hall. More...

Leaders of six political units in Kherson Oblast signed Letter of Intent with USAID project to unite efforts for regional economic development

On June 26, 2008, leaders of the Kherson Oblast's four cities and two raions (districts) signed a Letter of Intent with the USAID LED project, launching a pilot project aimed at enhancing their regional competitiveness. By doing so, they seem to overthrow two widespread clichés: that Ukrainians can never come to terms and that you find three hetmans where there are two Ukrainians. More...

The Industrial-Financial Company “Prometey” is developing a project to build a scrap processing plant in Dzhankoy, Crimea, already this year, the company told the LED Monitor on Thursday. More...

The choice of accommodation facilities for visitors in Ivano-Frankivsk has widened since last Thursday, when the newly-built Park Hotel opened the doors to its first guests. More...

Due to collaborative endeavors of the city government, a private fund, and a USAID project, Alchevsk is about to adopt an economic strategy, which is already under implementation

The Alchevsk Development Fund intends to sponsor implementation of practically all projects envisaged in this Luhansk Oblast's city's economic development strategy, the Fund told the LED Monitor last week. More...

On April 24, 2008, the USAID LED project and the Ukrainian Center for Foreign Investment Promotion (InvestUkraine) certified a fresh group of foreign direct investment professionals who two weeks before had passed exams under the project's FDI training program's fourth cycle. More...

Twenty-three participants in the LED project's training program passed exams last week to become full-fledged professionals in attraction of foreign direct investment (FDI). More...

Chernivtsi became the first city after Kyiv to host traditional workshop on strategic plans implementation progress in the LED project's partner cities

The fourth workshop, organized by the USAID LED project in conjunction with the Chernivtsi City Rada and the Association of Ukrainian Cities on March 26-28, 2008, was rich in activities and attracted attention of not only local economic development professionals but also the media, which do not haunt similar events in Kyiv when it comes to local issues. More...

US professors presented LED tools to conference participants in Kyiv

It looked like the five professors from US universities who came to Kyiv in early March to present six very practical LED tools somehow personified the USAID motto, "From the American People." More...