Business news from Ukraine

CONSTRUCTION OF ICE ARENA TO BEGIN IN CHERKASY

In 2022, the construction of the Ice Arena, a sports complex within the framework of the Big Construction program and the restoration of three castles under the Big Restoration program will start in Cherkasy region, President of Ukraine Volodymyr Zelensky said.
“There is our program – these are large sports unique multi-complexes. One of them will be built in Cherkasy region, several more swimming pools. The Ice Arena will be built separately. These are all programs that will begin next year. There are three castles within the Big Restoration, which are included in the program,” Zelensky told media representatives while on a working visit to Kaniv, Cherkasy region.
He also said that within the framework of the Big Restoration program, documents are also being prepared for the restoration of Kaniv center.
In addition, according to him, in 2022, a school with a playground for children and a swimming pool will appear in the city.
Speaking about roads, the President said that about 250 km of roads are planned to be repaired within the current year.
“I think that in a couple of years we will finish all the main roads in Cherkasy region,” he said.
“I believe that they have everything in Cherkasy region. There are people, there are hands, there are unique places and history. We need to bring all this into a normal high-quality form,” Zelensky said.

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UKRAINE PLANS TO PRESENT INVESTMENT PROJECT ON CONSTRUCTION OF ICE ARENA IN KYIV WORTH UAH 1.7 BLN

Ukraine at the Ukraine Reform Conference in Canada (Toronto) in July 2019 plans to present a government investment project on construction of an ice arena in Kyiv for UAH 1.68 billion, the Ministry of Economic Development and Trade of Ukraine has reported. The proposal was announced by First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv at the meeting of the interdepartmental commission on the issues of the investment projects headed by him held at the end of April.
The commission supported his initiative to provide the first budget financing of the project now, rather than in July, as planned, in order to begin developing project documentation and have time to prepare a project presentation for the conference in Toronto.
According to the minutes of the meeting of the commission, the funding for this project from the national budget has not yet been provided.
The executor of the project is the state-owned enterprise central training sport base Ice Stadium. Its implementation is scheduled for 2019-2021, and in 2019, it is planned to allocate UAH 5 million.

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