Master Planning For Major Cities Can Appear

The Regional Development and Construction Ministry intends to examine master plans of Dnipropetrovsk, Donetsk, Odessa, Chernihiv and Crimea. Volodymyr Yatsuba, Regional Development and Construction Minister, told this in an interview to the Business weekly.

«... in the nearest time, the we will consider master plan of development of Dnipropetrovsk region, Donetsk, Odessa, Chernihiv and complete general plan of Crimea,» he told. The minister noted that development of the master plan is crucial for attraction of investors to the regions.

«I believe that master plan is the regulation for development of the region. It is difficult for investor to work without a master plant, which specifies where an industrial zone is or a residential area,» he explained.

The minister also welcomed approval of the law On Amendments to Certain Legislative Acts of Ukraine (regarding state’s architectural-construction control).

«Earlier the ministry was rather a consultative entity in this question: we could only describe the proper procedure of examination of this or that application for permission for construction. From now on, we will control this sector,» Yatsuba said. He guesses that control of the ministry will help the construction companies.

«I think the market will benefit if permissions for construction are examined by one center, which will strictly define procedures in all regions,» Yatsuba put it.

Ukraine law info. Crimea

I analysed what visitors look on Ukraine Real Estate Market and found out that one of the most preferable content is legislation and things around it. So I start publish more detailed info, links and data about law in Ukraine especially related with real estate and commercial property. Let's go!

As I mentioned before, Crimea is amazing part of Ukraine. And for real estate business as well. However not all know that Crimea is autonomous republic in Ukraine State with its own Constitution. You have to know it if you running a business in Ukraine. So here are a little explanation from Alexander Biryukov & Myroslava Kryvonos:

Ukraine is a unitary state with the Autonomous Republic of Crimea in its administrative structure. The Autonomous Republic of Crimea is an inseparable constituent part of Ukraine and decides on the issues ascribed to its competence within the limits of authority determined by the Constitution of Ukraine.

The Autonomous Republic of Crimea has its own Constitution that is adopted by the Verkhovna Rada of the Autonomous Republic and approved by the Verkhovna Rada of Ukraine. Normative legal acts of the Verkhovna Rada and decisions of the Council of Ministers of the Autonomous Republic of Crimea shall not contradict the Constitution and other laws of Ukraine.

When nonconformity of the normative legal acts of the Autonomous Republic of Crimea with the Constitution of Ukraine and other laws of Ukraine occurs, the President of Ukraine may suspend those normative legal acts with a simultaneous appeal to the Constitutional Court of Ukraine in regard to their constitutionality.

Crimea - Ukrainian pearl

If you have heard about Ukraine, so you have to know about Crimea - an amazing part of Ukraine. But there are many excellent investing possibilities. Rick DeLong has described it pretty well at Try Ukraine! Read it.

Best regards, Sergey.