Business news from Ukraine

PLAN OF BIG CONSTRUCTION PROGRAM PROJECT 87% FULFILLED IN NOVEMBER

29 November , 2020  

The plan of the Big Construction program as of mid-November 2020 was already completed by 87%, the Big Construction project office at the President’s Office of Ukraine has told Interfax-Ukraine.
“For all of us, Big Construction is, first of all, a significant managerial and media challenge. Some 87% of completed objects speak for themselves – this is an absolute record of completion for all the years of independence. By the end of the year, they should approach 95%,” Deputy Head of the President’s Office Kyrylo Tymoshenko said.
According to the office, by mid-November, work was completed at the following facilities: schools – 93%, state roads – 92%, kindergartens – 89%, sports facilities – 87%, local roads – 81%, piece structures – 78%.
In total, within the framework of the Big Construction program, announced by President of Ukraine Volodymyr Zelensky in early 2020, it was planned to update and build 6,500 km of state and local roads, more than 150 artificial structures, 100 schools, 100 kindergartens, 100 sports facilities.
According to Tymoshenko, in 2021, in addition to the continuation of current projects (roads, schools, medical institutions, etc.), new infrastructure areas will be added to the Big Construction program: updating checkpoints on the borders of Ukraine and their entrances, a government program for affordable housing, public-private partnership projects in the medical field, the development and renewal of regional aviation infrastructure.
As reported, the Verkhovna Rada of Ukraine on September 18 adopted bill No. 3991 on amendments to the state budget. The matter concerns the allocation of UAH 3.16 billion of unused state funds for infrastructure projects, a significant part of which is unfinished construction.

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