Business news from Ukraine

UKRAINE NEEDS EUR 3 BLN TO MODERNIZE WASTE INFRASTRUCTURE

The modernization of the waste management infrastructure in accordance with the National Waste Management Strategy until 2030 requires more than EUR 3 billion of investments during 2019-2030, expert for waste management Mykola Doichinov has said at the conference “New Waste Management Policy is a Way to a Circular Economy” in Kyiv. According to the expert, calculations were carried out as part of the development of the National Waste Management Plan until 2030. According to the expert, as a result of the new waste management policy, tariffs for garbage disposal for the population will grow from EUR 0.6 per month in 2020 to EUR 1.4 per month in 2030.
At the same time, the expert stressed the implementation of the new strategy requires intensification of cooperation with international financial donors. At the same time, the state should also extend the responsibility of producers to cover the costs of garbage collection and sorting.
In addition, according to Doichinov, it is necessary to differentiate environmental tax on landfills that do not meet modern environmental requirements. As a result, the use of such landfills will become expensive, while the state will be able to send additional funds received from the tax for the renovation of these territories, the expert said.

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IT WILL BE NECESSARY TO CREATE INFRASTRUCTURE FOR VACCINE PRODUCTION IN UKRAINE ‘FROM SCRATCH’ – BORSCHAHIVSKY PHARMACEUTICAL PLANT

It will be necessary to create infrastructure for vaccine production in Ukraine from scratch, while the state support program could contribute to this, Commercial Director of PJSC Borschahivsky Chemical and Pharmaceutical Plant Yevhen Sova believes. “Today it will be necessary to create infrastructure for vaccine production in Ukraine virtually from scratch. This is quite a long process, because we are talking about the construction of new workshops, the launch of additional production lines, passage of audits and confirmation of quality according to the standards,” he told Interfax-Ukraine.
At the same time, the expert noted that “Ukrainian pharmaceutical manufacturers can implement this.” “The technical equipment of domestic companies as a whole allows building new necessary infrastructure, paying special attention to the sites of quality control,” he said.
According to the expert, the state support program can become an impetus for domestic pharmaceutical producers and a signal for starting work on the organization of such production. “Such a program will contribute to the process as much as possible. It can include public-private partnership, tax-exempt status, simplified inspection procedures and other options, including subsidies,” he said.

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UKRAINIAN MINISTRY OF INFRASTRUCTURE SUPPORTS STATE INVESTMENT IN RUNWAYS OF REGIONAL AIRPORTS

The Ukrainian Ministry of Infrastructure considers it necessary to invest in the construction and repair of runways at regional airports, Ukrainian Minister of Infrastructure Volodymyr Omelyan has said on the air of Channel Five. “A lot of airlines are ready to enter Ukrainian regional airports, but there are no conditions for that. There are no runways, there are no terminals that would accelerate servicing, while this is one of the key issues for low cost air carriers. Therefore we must invest in the runways as a state to get a highly competitive market and business for the state as well,” he said.
According to Omelyan, the development of airports will ensure a quick return on investment. Earlier, the minister said that the reconstruction of the airport in Odesa is to be completed in 2019. It is also planned to additionally allocate UAH 1.17 billion for the construction of a runway at Odesa airport. According to the Ministry of Infrastructure, the construction of a new runway will allow Odesa airport to accept heavier aircraft, including Boeing-767, which, in turn, can double passenger traffic.

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