Business news from Ukraine

Business news from Ukraine

TEN STATE INVESTMENT PROGRAMS IN 2016 TO BE FINANCED BY UAH 1 BLN – ECONOMY MINISTRY

9 December , 2015  

KYIV. Dec 9 (Interfax-Ukraine) – The planned volume of capital investment to design and realize 10 state investment projects selected by the commission for public investment will be UAH 1 billion in 2016, according to the list of the investment projects selected for financing from the national budget posted by the Economic Development and Trade Ministry of Ukraine on Tuesday.

According to the document, in 2017 and 2018 the annual financing for the selected investment projects will be UAH 1 billion.

In 2016, UAH 395 million will be provided to build the diagnostic and therapeutic complex of the Okhmatdyt national children’s hospital.

Another UAH 232.078 million will be sent to reconstruct roads in Lviv region in 2016.

UAH 115 million will be provided to complete construction of a hospital as a part of the project on reconstruction and expansion of the National Cancer Institute in 2016.

Some UAH 95 million is foreseen for restoration of Mariyinsky Palace in 2016. UAH 162.9 million will be provided to reconstruct hydrotechnical facilities on the Dnipro River, radioactive waste storage facilities and to create the Mystetsky Arsenal museum, reconstruct Kolomyichenko Institute of Otolaryngology and Romodanov Institute of Neurosurgery.