Business news from Ukraine

UKRAINIAN CAPITAL STARTS DEVELOPING PROJECT FOR COMPREHENSIVE RECONSTRUCTION OF OUTDATED HOUSING

The Kyiv City State Administration has begun developing a project for the comprehensive reconstruction of outdated housing in the capital in cooperation with the Urban Studies Institute, the press service of the Kyiv City State Administration said.
“The first two stages of the project are ready. We have identified the main steps necessary to start implementing the program for the reconstruction of outdated housing,” deputy head of the Kyiv City State Administration Viacheslav Nepop is quoted in the message.
According to him, research and analytical work has been carried out: analysis of the regulatory framework, international experience, selection of optimal financing mechanisms, rights and obligations of residents of housing, issues of registration of property rights. Further, an inventory of dilapidated housing in the capital is planned.
After the approval of characteristics and boundaries of the quarters for renovation, the sequence and methods of reconstruction, the draft program will be submitted for consideration by the Kyiv City Council, the press service says.

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