Project Title: Production of Pasta Products and Replacement of Old Equipment
Location: Zhytomyr
Project Initiator: LLC “Maestro”
Project Overview: Manufacturer of the line: “Braibanti” (Italy)
Production capacity of the line: 1100 kg per hour.
Area of the premises: 1000 sq.m.
Investment Form: Full investment, co-financing
Investment Amount: $556,000
Payback Period: 0.9 years
IRR: 27%
Pasta production in Zhytomyr represents a potentially profitable investment opportunity for the following reasons:
1. Geographical advantages
Zhytomyr is located in a region with a well-developed infrastructure for the food industry. Proximity to sources of raw materials, such as grain crops, as well as a favorable transport location contribute to reducing logistics costs and provide access to domestic and international markets.
2. High demand
The Ukrainian pasta market is largely dependent on imports (about a third of the consumed volume). Pasta production in Ukraine has the potential to replace imports and meet demand with high-quality local products, in particular using durum wheat varieties.
3. Export potential
Ukrainian pasta products are already successfully exported to many countries. The presence of quality standards oriented to the international market could open the door for the export of Zhytomyr pasta to the EU, the Middle East and Asia.
4. Support for the food industry
The food industry in Zhytomyr region accounts for over 33% of the total production in the region. The local authorities support projects aimed at developing this industry, which may include tax breaks and administrative assistance for investors.
5. Local resources
The Zhytomyr region is known for its high quality agricultural products, including grain crops. The use of local raw materials will reduce production costs and contribute to the development of the regional economy.
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For more information, please contact the Department of Economic Development, Trade and International Cooperation of the Zhytomyr Regional State Administration:25 Mala Berdychivska St., office. 204, or by phone: 0412 (47-44-92, 47-46-32).