After the cancellation of the preferential regime in the priority development zone "Novovolynsk," 63 lawsuits from investors totaling almost 130 million hryvnias have been filed with commercial courts. Novovolynsk investors are demanding the restoration of the preferential regime for them, which was one of the conditions of investment programs and projects, the Western Information Corporation's own correspondent reported on November 24. \n \nSome investors, despite their dissatisfaction, decided not to resort to lawsuits, believing that there is no sense for business to sue the state. Instead, they are abandoning planned expansion of production volumes. \n \nToday, 15 enterprises with domestic or foreign capital invested in them operate in Novovolynsk. So far, none of them has ceased operations, although some investment projects in Novovolynsk have been curtailed. Due to the state's failure to fulfill investment obligations, this year alone, in particular, 5 investment projects with a total value of 6.5 million US dollars have been cancelled here. \n
Investors of the 'Novovolynsk' priority development zone filed 63 lawsuits totaling more than UAH 130 million
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