2024 20

Investment Opportunities and Challenges for Ukrainian Regions in the Framework of Green and Digital Transformation

Marchenko O. Yu.,
Phd of Economics,
ORCID https://orcid.org/0000-0002-3137-0480
e-mail: consul_chdtu@ukr.net,
Cherkasy State Technological University, Cherkasy.

Citation Format
Marchenko O. Yu. Investment Opportunities and Challenges for Ukrainian Regions in the Framework of Green and Digital Transformation. Management of Economy: Theory and Practice. Chumachenko’s Annals: collection of scientific papers / Institute of Industrial Economics of the NAS of Ukraine. Kyiv, 2024. P. 258-267. DOI:  https://doi.org/10.37405/2221-1187.2024.258-267

Language
 Ukrainian

Resume
The modern development of Ukraine necessitates adaptation to global challenges related to environmental sustainability and digital innovations, which cannot be achieved without substantial investments. Despite the country’s potential for the development of green energy, digital infrastructure, and an innovation-driven economy, numerous challenges hinder these processes. A significant issue is the uneven regional development, which affects access to financial and technological resources.
This article analyzes investment opportunities and challenges faced by Ukraine’s regions in the context of green and digital transformation. The key barriers to attracting investments are identified, including insufficient institutional support, regulatory instability, high initial costs, and limited access to international financing. Particular attention is paid to the role of digital infrastructure, the development of “smart cities,” and the preparation of a skilled workforce to ensure sustainable economic growth.
The study highlights the necessity of creating effective investment stimulation mechanisms, particularly through public-private partnerships, tax incentives, and engagement with international financial organizations. The potential for implementing  advanced technologies, which can significantly enhance regional governance efficiency and promote Ukraine’s integration into global economic processes, is also considered.
Furthermore, the importance of international cooperation is substantiated, as it can serve as a key factor in attracting investments and technological solutions to facilitate economic modernization. The experience of EU countries demonstrates the effectiveness of a comprehensive approach that includes human capital development, digital transformation, and environmental sustainability. In this context, strategic directions for  enhancing the investment attractiveness of Ukraine’s regions are proposed, including integration into international projects, the use of cutting-edge technologies, and the creation of a favorable business environment.

Keywords
investment, green transformation, digitalization, regional development, innovation, human capital.

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Full Text .pdf

Received: 14.10.2024
Accepted: 14.11.2024
Published: 20.12.2024