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Friday, January 26, 2007

New rate for obligatory social development in Ukraine

There is very important news for all constructors, developers and investors: Cabinet of Ministry of Ukraine was reduced the maximum amount, which companies must bring in development facilities of engineering, transport and social infrastructure of the built-up area.

Prime Minister Victor Yanukovych signed the proper decision of government of N40 on January, 24, 2007. Maximum size of facilities which are attracted on development can not exceed 20% from the construction cost. This rate does not affect on building culture and educational, medical and health projects - in this case the maximum size of the attracted facilities of customers can not exceed 10%.