The European Bank for Reconstruction and Development (EBRD) has approved the intention to invest up to 35% in a joint venture with Dragon Capital for the development of an industrial park in Lviv.

Investments in the first phase of the M-10 Lviv Industrial Park project will amount to 5.5 million dollars. It is assumed that the total amount of EBRD investment in the project will be 24.5 million dollars. The total cost of the M-10 Lviv Industrial Park project is 70 million dollars.

The industrial park is located in Rіasne-2 industrial zone of Lviv city and will include industrial and logistics areas. The specialization of the industrial park –  food, health care and emergency services.

It should be noted that the Lviv City Council initiated the creation of the Riasne-2 industrial park in 2014.

More details about the investment on the official EBRD portal

For reference
Dragon Capital is a leading Ukrainian group of companies in the field of investment and financial services, offering a comprehensive range of products in equities and fixed income sales, trading and research, investment banking, private equity and asset management to institutional, corporate and private clients.

In addition to the Lviv Industrial Park, the company has other assets in Lviv:
SC Victoria Gardens; business center «VIKING»: the international IT company Ciklum, one of whose offices is located in Lviv; premises on Rynok Square, 19, 20, 21 with a total area of 945.1 square meters. m, which the company purchased at open auctions of Lviv City Council.