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Vice Prime Minister: Ukraine should implement European creative economy algorithms

19.10.2017 16:11 "Agro Perspectiva" (Kyiv) As of today, while speaking within the «Creative Ukraine Forum», Ukrainian Vice Prime Minister/ Minister for Regional Development, Construction, Housing and Utilities Ghennadiy Zubko has said the request for an algorithm aimed to build a creative economy and to develop a creative industry within society and communities is unprecedented. Today, many municipalities that possess resources, opportunities and the most important — desire, want to establish the necessary infrastructure and to develop human potential, Government Portal reports. «The only thing missing in municipalities is the algorithm which is being successfully introduced in London, Berlin and in the European Union. This algorithm enables the EU to attract 8.5 million Europeans into the creative economy, which is more than the whole automotive industry in Europe. Therefore, we are appealing to the EU with a proposal for cooperation with the maximum involvement of European algorithms, which will allow to create the necessary infrastructure, to develop the country as well as the human potential,» Zubko stressed. As to him, now there is a huge demand from local governments for infrastructure creation. «Today we have ambitious projects from the Dnipro, Kyiv and Zhytomyr municipalities, those regions stand ready to establish creative hubs, to implement business education programs, to encourage creative startups, and to attract talented young people. For example, the share of intangible assets of Google, Apple, Facebook with the highest capitalization has already boosted to 84%. Thus, we need to have a clear understanding of how to build infrastructure and institutions designed to enhance the creative potential,» Zubko underlined.

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