The Great Construction program isn’t stopped and will be prolonged. There is already a plan for next year including the reconstruction and construction of social facilities and sports infrastructure. The Minister for Communities and Territories Development of Ukraine Oleksii Chernyshov told about this during a briefing at the Cabinet of Ministers of Ukraine.
“At this stage, the regions are selecting projects and sending their proposals to the Ministry for Communities and Territories Development. So in the near future, we will be able to announce new projects of the Great Construction for 2021. All of those will be agreed in the process of the competitive selection and checked for compliance with the three priorities of the State Regional Strategy for 2021-2027: economic development of regions and individual territories, territorial cohesion, human capital development and availability of quality services,” said the Minister.
It is expected that next year at least 30% of the resource of the State Regional Development Fund will be directed to development projects to create jobs, improve the quality of utilities and ensure economic growth in the region. 50% will be directed to social infrastructure facilities (schools, kindergartens, CASPs, security centers) and 20% – to support tourist magnets, taking into account the peculiarities of the region.
The Minister also commented on the amount of funding from the State Regional Development Fund provided for in the draft State Budget for 2021.
“The Government has already submitted the draft State Budget for the second reading, in which a UAH 4.6 billion resource has been planned for the State Regional Development Fund. Of course, in terms of the reform of the State Regional Development Fund and the plans of the Ministry for Communities and Territories Development to implement its projects, we expected a different amount of funding, as the reform of the State Regional Development Fund provides for a gradual increase from 1 to 3% of the expensitures article. But we are already preparing a list of relevant projects, based on the fixed size of the Fund. I am confident that with a positive scenario of budget implementation in 2021, we will be able to increase this figure,” said Oleksii Chernyshov.