Business news from Ukraine

UKRAINE APPROVES 402 INVESTMENT PROGRAMS WORTH UAH 5.2 BLN

27 February , 2020  

The Cabinet of Ministers of Ukraine has approved a list of 402 investment programs and regional development projects that will be financed from the State Regional Development Fund in 2020.
“We have taken another step to launch the Big Construction project as early as March 1. We approved a list of programs and projects funded by the State Regional Development Fund. These are 402 projects, 206 of which are facilities of the Big Construction program,” Ukrainian Prime Minister Oleksiy Honcharuk said on his Telegram channel on Wednesday.
Thus, UAH 5.2 billion out of UAH 7.5 billion envisaged by the State Regional Development Fund in 2020 was allocated to regional development projects.
In addition, the procedure for using funds for the construction and reconstruction of the Zaporizhia Bridge, the Odesa-Melitopol-Novoazovsk highway on the Odesa-Mykolaiv-Kherson section and the Kyiv-Sumy-Kharkiv highway within the borders of Chernihiv and Sumy regions was approved, the prime minister added.