The development company Alterra Group, which is currently implementing the Formatsiya.Lviv industrial park project, intends to build a network of seven such parks, said the company’s top manager Olena Podolska at the Ukrainian Automotive and Mobility Forum 2024.
“Our first park will be in Lviv, then we will go to Rivne, two will be in Kyiv, and then we will return to the western region – Ivano-Frankivsk, Vinnytsia, and Khmelnytsky,” she said.
Podolska noted that there are already several local manufacturers planning to open 10,000 square meters of capacity at Formatsiya.Lviv, including USP, a sandwich panel manufacturer.
In addition, during the forum, the owner of Lois Motors, who is implementing a project to create a light electric vehicle LUAZ and plans to scale it up, announced his interest in placing his production in the park.
Alterra Group is building 150,000 square meters of production, warehouse and office space at Formatsiya.Lviv. The first phase of the park is scheduled to be commissioned in the first quarter of 2025.
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