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Zubko: 399 regional development projects under SRDF completed witnin 2017

04.01.2018 09:17 "Agro Perspectiva" (Kyiv) The Ukrainian State Regional Development Fund is an effective instrument for the country decentralization and incentive to promote regional development, infrastructure development and the social sphere, Government Portal says referring to Ukrainian Vice Prime Minister, Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Hennadiy Zubko Facebook report. As to the report, within 2017, a record amount of funds- almost UAH1.17milliard- was raised from local budgets to co-finance investment projects of regional development within the framework of the SRDF. This makes up over 33% of the total financing of the SRDF, which last year amounted to UAH3.5milliard. At that, mandatory guarantee co-financing from local budgets for the projects funded from the SRDF is 10%. As to him, within the framework of the State Regional Development Fund within 2017there had been launched 790investment programs within all the Ukrainian regions. «There were completed and put into operation 399facilities. Those included the construction and reconstruction of social facilities (hospitals, schools, kindergartens), restoration of bridge infrastructure, thermo-modernization measures, etc. Most facilities were completed in Ternopil (44), Sumy (44), Zakarpattia (41), Chernihiv (33) regions. Apart from that, regions have the opportunity to continue projects having launched earlier. For the third consecutive year, we are pursuing a policy under which projects started at the account of the SRDF funding must be completed and put into operation due to the schedule, instead of being transformed into uncompleted construction projects,» Zubko stressed.

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