OREANDA-NEWS. May 19, 2011. The government takes measures to ensure the development of shipbuilding industry in Ukraine. President Viktor Yanukovych said in an interview in Mykolayiv.

"We have taken certain steps to create conditions for the development of the industry," he said. In this context, Viktor Yanukovych noted the Tax Code adopted last year foresees the exemption of shipbuilding enterprises from the income tax and introduced special conditions for VAT refunds.

Certainly, he said, stable political situation and deregulation of various areas of business contribute to the overall rate of investment in the economy and improvement of the investment climate.

He expressed confidence that the foundation has already been laid in many areas. The initiated reforms will lead to growth of the economy.

"The Innovation-investment model has started working today," he said.

According to Viktor Yanukovych, the "government is now strongly determined to reform the country. Stability of power, political stability in the country, restoration of order in all areas of life is our duty. And we perform it," Viktor Yanukovych said.