In November 2016, Dnipro City Council unveiled the new Dnipro Development Agency (DDA) as part of efforts to boost the city’s business climate and facilitate investment.
The concept behind the DDA was to help make the city more open and accessible to the outside world, in order to attract new investment and help create more work places.
Our two key focuses are facilitating investment and developing the city brand. Our business support activities seek to refine existing development initiatives and bring them into line with international UNIDO standards. We aim to create business plans that meet the expectations of investors and other financing institutions. The end goal is to create an interactive business platform featuring investment opportunities proposed by both the private business sector and by municipal structures.
Our second key objective is to develop the Dnipro brand. During the Soviet era, Dnipro was a closed city. As a result, it remains off the radar for many foreign businesses. We want to change perceptions. It is no coincidence that the DDA slogan is, “Let’s Open Dnipro to the World!” Tourism can play an important role here – both as a way of promoting a more open and accessible Dnipro brand, and as an important industry that will support the city economy.
We offer to potential investors a full service package including everything from initial contacts to support on issues such as land allocation and communications. We also aim to minimize unnecessary bureaucracy.
The investment attraction targets does the DDA is to attract USD five billion in investment and create 100,000 work places over the next 10 years. Current DDA projects, primarily in the infrastructure sector, envisage around USD 1.8 billion in investment. We anticipate that these projects will help spur further investment in the private business sector and in the residential and retail construction industries.