KYIV. Jan 15 (Interfax-Ukraine) – The program of the socio-economic development of Kyiv for 2016 provides for the allocation of UAH 879.5 million to Kyiv Metropoliten for building the fourth subway line from Velyka Kiltseva Street to the Troyeschyna residential area.
According to the report published in the Khreschatyk newspaper, the program of socio-economic development foresees the completion of building the fourth line of the Kyiv subway by December 2020, and the total cost of the project is UAH 6.903 billion. At the same time, as of the beginning of January 2016 investment in the project amounted to UAH 48.097 million.
In addition, the program foresees funding in the amount of UAH 112.064 million for chemical grouting on some sections of the Kyiv subway lines in 2016.
The total capital expenditure of the company in 2016 under the program will stand at UAH 1.017 billion, including UAH 68.019 million from the special fund of the city budget and UAH 949.145 million at the expense of its own and borrowed funds.
According to the report, the program provides for financing in the amount of UAH 156.881 million for Kyivpastrans. Among the largest projects of the company for 2016 is the reconstruction of tram tracks and stations, as well as procurement of trams.
