The Ministry of Digital Transformation has announced ambitious plans for the production of microchips and the development of AI technologies

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Ukraine plans to develop chip manufacturing and artificial intelligence technologies, including the construction of a USD 5-10 billion chip plant to be launched in 2025, which will contribute to the development of the high-tech sector and strengthen the economy. The government is seeking investment for these ambitious projects due to limited public funds.

Ukraine has declared its ambitions to develop high-tech industries. The Ministry of Digital Transformation is preparing state-supported projects for the chip manufacturing industry and technologies with artificial intelligence. Reuters  writes about this, UNN reports. Read more

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Ukraine needs a technological breakthrough to win the war with Russia. The Ministry of Digital Transformation has proposed a number of ideas on how to achieve this.

Without innovation, I am deeply convinced that our victory is possible, but it will take much longer. 

- said Prime Minister Denys Shmyhal, who also attended the event. 

Fedorov, who is also deputy prime minister, promised to change policies to to stimulate the development of technology. He noted that Ukraine is already using artificial intelligence to help its kamikaze drones find targets and to recognize the faces of Russian soldiers.

SEE ALSO: Ukraine starts work on legal AI regulation

Fedorov's deputy Valeria Ionan announced Ukraine's aspiration to enter the 15 best countries in the world for the development of microelectronics and up to 30 world leaders in in the development of unmanned vehicles.

"Ukraine is quite high on its chances to contribute to the ambitious goal of the of the European Union to get 20% of the global semiconductor market (by 2030)," she said. )," she said.

Ionan also spoke about Ukraine's ambitions in chip manufacturing. The Ministry has estimated the total cost of such an enterprise. And according to their calculations a factory that will produce 50,000 chips a year will cost Ukraine 5-10 billion dollars. Ionan also named a potential start date for the construction of this factory in 2025 and noted that it would take three years to reach production capacity. would take three years to reach production capacity.

SEE ALSO: Shmyhal: Ukraine together with partners preparing a reform matrix

Chip manufacturing facilities are often prohibitively expensive, as machines that use advanced technology to engrave chip architecture onto silicon, cost tens of millions of dollars apiece.

Fedorov acknowledged that there is very little state money for such ambitious projects, so the ministry will first offer in-kind support for such projects and  look for investors.

"Of course, chip production requires government assistance, because it is difficult to accumulate (chip) production is difficult to accumulate. Of course, it should be a private initiative... but the state's help is also needed."

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