Business news from Ukraine

COST OF HOUSING CONSTRUCTION UNDER ‘BIDEN’ PROJECT WILL BE $750/SQ M – ACADEMY OF CONSTRUCTION

The cost of construction of low-rise eight-apartment buildings under the Biden project will be $750/sq m, a plot has already been allocated in Bucha district for the pilot implementation of two houses.

 

“The cost of the house, including construction, engineering, exterior and interior decoration, furniture, household appliances and climate engineering equipment, will not exceed $750 per square meter. This is an ambitious figure and difficult to achieve, but we have confidence in our suppliers, thanks to whom we can count on such a prime cost,” Ivan Perehynets, an academician of the Academy of Construction of Ukraine, the director of the scientific and technical center, said during a press conference at the Interfax-Ukraine agency on Thursday.

According to the academician, the Soniachne garden partnership in Bucha district of Kyiv region decided to allocate a land plot of 0.1 hectares for the pilot construction of two houses of the Biden project. The sites already have engineering and transport infrastructure. Construction is scheduled to begin before July 1.

According to the project, the area of one apartment in such a house is 60 square meters. The cost of such an apartment, including a parking space, will be about $45,000.

The International Construction Fund of Ukraine special fund was created to finance the project.

Perehynets noted that both local governments and cooperatives and other self-organizing bodies of the population can buy housing. In addition, he allows the purchase of such housing by businesses for further commercial use.

As reported, the Academy of Construction of Ukraine plans to implement a project for the rapid construction of housing in the format of eight-apartment houses for Ukrainians who have lost their homes. The construction of such housing takes about 60 days.

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UKRAINE’S CONSTRUCTION ACADEMY OFFERS FORMAT OF 8-APARTMENT BUILDINGS FOR RAPID HOUSING CONSTRUCTION

The Academy of Construction of Ukraine plans to implement a project for rapid construction of housing in the format of eight-apartment buildings for Ukrainians who have lost their homes.

“Of course, large multi-storey housing projects initiated by the President’s Office and the Ministry of Regional Development, restoration of infrastructure and engineering networks for such projects will not be quickly implemented. We proposed a more universal format of a residential building for territorial communities – this is an eight-apartment residential building. We have worked for about 30 sketch designs and reached the finish line on the approval of project documentation,” academician of the Academy of Construction of Ukraine, director of the scientific and technical center Ivan Perehynets said during a press conference at Interfax-Ukraine on Thursday.
According to him, cooperation with a number of territorial communities is already planned for the implementation of the project, memorandums on the allocation of land have been developed. In addition, the experts developed resource sheets for the project.
Perehynets pointed out that construction of such houses would take about 60 days, which would quickly resettle people in need of housing. A small building area will allow the project to be implemented in the form of micro districts.

A special fund, International Construction Fund Ukraine, was created to finance the project, the expert noted.
“I think that we will start working on this in just a month or two. I invite all heads of territorial communities to apply to the Academy of Construction on this matter,” Perehynets added.

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