The Diia City project is an important move towards establishing a legal framework that is anticipated to give Ukraine’s IT sector a significant boost

On August 31, 2021, the Office of the National Investment Council jointly with international law firm CMS Cameron McKenna Nabarro Olswang  - Ukraine and Joint Chamber of Commerce – JCC organized a joint webinar “Diia City - A Game-Changer for Ukraine's IT Industry”.

A dedicated team of experienced experts: Sven Henniger, partner, Henniger Winkelmann Consulting (HWC LLC), Joint Chamber of Commerce - JCC Board Member & Ukraine Chapter; Olga Belyakova, partner and Co-Head of CEE TMT at international law firm CMS Cameron McKenna Nabarro Olswang  - Ukraine, and Olga Magaletska, Head of the Office of the National Investment Council of Ukraine, share their expert opinion as well as give a general overview of the main goals, benefits and expected outcomes of the Diia City project from legal, business and political perspectives.

An online discussion covered such issues as the functioning of IT businesses in Ukraine today, as well as the main benefits and implementation roadmap of Diia City project.

Olga Magaletska stated that Diia City is designed to stimulate IT and the growth of investment in the innovation sector. “This special regime takes into account all the points for a comfortable operation and development of business. Everyone will benefit from Diia City: the residents will get a special taxation framework, transparency, special employment conditions, ІР protection guarantees, foreign venture capital investment, guarantees for the protection of persons and property against the undue intervention of government security officials. The specialists will be ensured with gig contracts, competition, and salary growth as a result. The investors will get clear and transparent terms and conditions. Therefore, if IT companies intend to develop and increase their business, I sincerely recommend joining Diia City”.

© 2020 Office of the National Investment Council of Ukraine