Business news from Ukraine

Business news from Ukraine

GOVT APPROVES OVER 470 REGIONAL DEVELOPMENT INVESTMENT PROJECTS WORTH UAH 4 BLN FOR 2018

The Cabinet of Ministers of Ukraine has approved a list of 477 investment programs and regional development projects for the total amount of over UAH 4 billion, which will be financed by the State Regional Development Fund in 2018.
“We have approved the first list of investment programs and regional development projects that will be financed from the State Regional Development Fund in 2018. Now 477 projects for a total of more than UAH 4 billion are approved,” the press service of the Regional Development, Construction, Housing and Utilities Economy Ministry of Ukraine reported with reference to the decision of the government on Wednesday.
Some 80 educational facilities (regular schools and kindergartens) for the amount of UAH 1.3 billion will be built in the regions at the expense of the State Regional Development Fund, 95 facilities of public health and social protection – UAH 804 million, 78 sports facilities – UAH 740 million, 36 water supply and sewage facilities – UAH 200 million, 25 facilities of road and transport infrastructure – UAH 334 million, and 26 cultural facilities – UAH 397 million.
The draft resolution on financing at the expense of the State Regional Development Fund includes projects that have been submitted to the Vinnytsia, Volyn, Dnipropetrovsk, Donetsk, Zhytomyr, Zakarpattia, Zaporizhia, Ivano-Frankivsk, Kyiv, Kirovohrad, Luhansk, Lviv, Mykolaiv, Odesa, Poltava, Rivne, Sumy, Ternopil, Kharkiv, Kherson, Khmelnytsky, Cherkasy, Chernivtsi, Chernihiv regional administrations and Kyiv City Administration.

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