Business news from Ukraine

Business news from Ukraine

REGIONAL DEVELOPMENT MINISTRY SELECTS 219 PROJECTS FOR STATE FINANCING IN 2016

10 May , 2016  

KYIV. May 10 (Interfax-Ukraine) – Ukraine’s Regional Development, Construction, Housing and Utilities Economy Ministry has selected 219 projects totally worth UAH 1.01 billion to be financed using funds from the State Regional Development Fund in 2016, the ministry has reported on its website.

“The proposals to distribute the State Regional Development Fund resources to be used for the implementation of regional projects and programs in 2016 have been drawn up by the ministry after regional selection panels did their work,” Minister Hennadiy Zubko said.

He said that the selected projects include construction and reconstruction of schools, kindergartens, hospitals, local and main roads, energy efficiency measures and modernization of heating efficiency of socially important facilities.

Selected projects will be located in Vinnytsia, Volyn, Dnipropetrovsk, Zakarpattia, Kyiv, Poltava, Rivne, Ternopil, Kharkiv and Khmelnytsky regions, as well as in the capital Kyiv.