Business news from Ukraine

OVER UAH 230 MLN TO BE SPENT ON BUILDING SUBWAY IN KHARKIV IN 2016 – CITY COUNCIL

25 December , 2015  

KHARKIV. Dec 25 (Interfax-Ukraine) – Kharkiv City Council at a session on December 23 approved the cost estimates for the program of the construction and development of the Kharkiv underground at the expense of the city budget for 2016.

According to an Interfax-Ukraine correspondent, the document provides for allocating UAH 232.475 million for this purpose, of which UAH 475,000 from the general fund and UAH 232 million from the special fund.

Funds from the general fund will be used for the financial support of the Kharkiv Directorate of Subway Construction, and the principal amount of the special fund (UAH 230 million) is intended for the construction of a section of the third line from the Oleksiyivska station to the Prospect Peremohy station. In addition, UAH 500,000 will be spent on building the Oleksiyivske depot with a connection branch to the third metro line, UAH 1.5 million for the construction of the third line from the Vaschenko Metrobudivelnykiv station to the station Odeska.