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24 September 2015

The Ministry of Regional Development announced the prospects of the construction industry in 2016


In 2016 funding of the State Fund for Regional Development will increase to 5 billion UAH (230 million USD). A significant portion of these funds will be directed to the construction across the country.

This information was announced by Deputy Minister of Regional Development, Construction and Housing Roman Abramovskiy.
According to him, next year the Ministry of Regional Development will continue to implement the state’s policy in the construction industry and to raise funds for the implementation of housing programs and programs for energy efficiency and renovation of housing and communal services.
"At the present time, work began on the restoration of public construction programs. It is a Ukrainian State program of preferential lending Youth program "Affordable Housing”.
Ministry of Regional Development in the Ministry of Finance sent the corresponding budgetary needs for 2016, which provides funding for housing programs in the amount of 2 billion UAH. In general, if more investing funds from individuals and deductions for these housing programs from local budgets be added, the amount of 6 billion UAH will be entered.
"We also have the support of Western partners who are willing to take part in the implementation of energy efficiency programs in the construction industry. The only thing they are waiting for - a creation of Energy Efficiency Fund and partially filling it with money from the state budget. According to preliminary estimates the capacity of this market is 600 billion UAH. That is why the Deputy Prime Minister insists on appropriate funding, "- said Roman Abramovskiy
 
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Source: http://news.realt.ua/novosti-nedvizhimosti-2/rynok-nedvizhimosti-25/v-minregione-ozvuchili-perspektivy-razvitiya-stroitelnoy-otrasli-na-2016-god-96311.html

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