Investors to put over USD 10bn in national projects

Six of the ten national projects announced on August 25 by President Yanukovych as priority will be implemented through private investments. This is the amount of over UAH 73 billion (1 USD - 7.89 UAH), according to the Kommersant-Ukraine newspaper.

The most expensive project will be "The Power of Nature" (EUR 3 billion) for the construction of 2 MW wind farms, which are to be repaid in seven years with electric power production at 26.8 billion kWh per year.

The Affordable Housing project will require UAH 12.3 billion of investments in five years, which will let build the apartments for 40,000 military men, the Crimean Tatars and young specialists of the public sector. And the third place in the top three most expensive projects is a ten-year project "The Olympic Hope 2022".

As expected, the construction of railway communication between Kyiv and the Boryspil Airport has the longest payback period (15 years). The relatively small - a project to build a sea terminal to receive liquefied natural gas (5-7 years), which is to reduce the price of imported gas by 15-20%, and ten facilities for solid-waste recycling (6 years).

The state in all these projects is going to participate by paying for a pre-feasibility study, engineering infrastructure, introducing preferential tariffs and providing state guarantees.

The budget will finance the remaining four national projects, the cost of two of them - the reconstruction of Kyiv (The City of the Future) and support of motherhood and childhood (New Life) - is not yet determined. The projects Qualitative Water and Open World (the creation of educational network based on 4G) will require UAH 3.7 billion and USD 675 million respectively.

ForUm

Discuss news in the Forum

One-line news

13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”

10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012

13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

All news

News

13 February 2012

17:52 Parliamentary committee on public health recommends to ban smoking in public places

17:20 Drunken deputy broke window of traffic police car

16:50 Ukraine makes payment on first tranche of IMF loan on time

16:12 Ukrainian scientist suspected of spying for U.S.

15:40 European Commission welcomes progress made by Ukraine in implementing Action Plan on Visa Liberalization

15:00 Russia's ban on Ukrainain cheese is not catastrophic event, Ukraine's Agrarian Ministry says

14:31 Expert: Russia and EU will agree on Ukraine's conditions on gas consortium

14:00 Tymoshenko's defense team appeals court decision limiting time for review of case file

13:30 Ukrainian Green Party opposes construction of radioactive waste storage near Chornobyl

13:00 PM Azarov promises the most transparent elections ever

12:30 Barge with 11 Ukrainians onboard trapped in ice

11:55 Spring will come to Ukraine in mid-March

11:17 Regional Development Ministry signs $3 million contract with World Bank to revive housing sector energy efficiency by 2015

10:38 Foreign doctors arrived in Ukraine to examine Tymoshenko

10:00 President instructs establishment of EuroBasket 2015 organizing committee

All news

Top

Editorial staff:english@for-ua.com
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to en.for-ua.com only.
All rights are reserved by © LTD. Inter-Media, ForUm 2001-2012