Economics and Business Management

Assessment of the investment attractiveness of the agricultural sector of Kyiv region in the context of contemporary financial policy

Valerii Bondarenko, Yulііа Hаvrylіuk, Viktoriia Lazebnyk, Rostyslav Sabluk, Nataliia Shevchenko, Renat Aksaitov
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Abstract

This article aimed to evaluate the investment attractiveness of the agricultural complex of the Kyiv region and to analyse the financial policy that contributed to its development. The following methods were used to achieve the aim: descriptive statistical analysis, comparative analysis, cluster analysis, SWOT analysis, correlation analysis, and integrated assessment of investment attractiveness. As a result of the analysis of the structure of sown areas, the specialisation of the region was established in the production of cereals, oilseeds and vegetables, which provides food security and stimulates investment in the modernisation of agricultural production. The largest share of investments was directed towards the modernisation of the machine-technical base (40%), infrastructure development (30%) and implementation of agrotechnologies (20%). The profitability of cereal and oilseed production increased from 18% in 2020 to 22% in 2022, which in turn increased the investment attractiveness of the sector. The results of the interregional analysis showed that although Kyiv region ranked second only to two regions in terms of foreign investment in the agro‑industrial complex, it took the first place in the integrated ranking of investment attractiveness due to the developed infrastructure, economic stability and qualified personnel. The cluster analysis made it possible to establish that the most investment-attractive districts of Kyiv region are Bila Tserkva, Obukhiv and Fastiv. The territories of Bucha and Vyshhorod districts showed the lowest investment attractiveness and need investments in the development of infrastructure and the creation of workplaces. The SWOT analysis revealed a number of strengths, fertile soils, developed infrastructure, and weaknesses, dependence on weather conditions, and high interest rates on loans, for the elimination of which it is necessary to improve the financial policy. The further development of the region’s agro-industrial complex is forecasted, provided that the state support will be preserved, investments in progressive agrotechnologies will be attracted, and the infrastructure will continue to develop, which will contribute to the economic growth of Kyiv region. The practical value of the obtained results consists in their applicability in the formation of policies aimed at investment stimulation in the agro-industrial complex, in particular due to tax instruments, subsidies and credit programmes

Keywords

tax incentives; subsidies; credit; sown areas; profitability; development

Suggested citation
Bondarenko, V., Hаvrylіuk, Yu., Lazebnyk, V., Sabluk, R., Shevchenko, N., & Aksaitov, R. (2026). Assessment of the investment attractiveness of the agricultural sector of Kyiv region in the context of contemporary financial policy. Economics and Business Management, 17(1), 66-84. https://doi.org/10.31548/economics/1.2026.66
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