OREANDA-NEWS. August 06, 2012. The providing of state protection of investors and create a favorable investment climate will increase salaries and pensions in the future. This was announced by vice Prime Minister of Ukraine - Minister of Social Policy Sergiy Tigipko during a working visit to Kirovohrad region, communicating with employees of the Creative Group plant.

"In order to improve social standards in the future, we must ensure favorable conditions for investors", - said Sergiy Tigipko.

Vice Prime Minister noted that Government has already prepared a package of measures aimed at improving the investment climate in the country. In particular, he said, Parliament passed the first reading drafts of the Cabinet, which provide a zero rate of import duty for the unique equipment to be used for investment projects. In addition, provides a zero rate of income tax in the first 5 years and reduced rate of eight percent over the next 5 years for investors who implement projects in priority sectors, and - accelerated depreciation of real estate. Vice Prime Minister stressed that only if these proposals of government in September are supported by the Verkhovna Rada the economy will receive incentives for growth and we could begin following large-scale increasing of social standards.

Also, according to Mr. Tigipko, the government is preparing a program to protect businesses from undue pressure from regulatory organizations. As an example of successful action in this area Vice-Premier cited the situation in the Kirovograd region.

"Here is head of the RSA and chairmen of security agencies have found a common language and business is not affected by pressure. Checks go, but there are no pressure and abuse" - Mr. Tigipko said.