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Ukrainian government allows foreign firms to develop major construction projects in Ukraine

Tuesday, 6 August 2024, 17:00
Ukrainian government allows foreign firms to develop major construction projects in Ukraine
Stock Photo: Getty Images

The Ukrainian government has allowed foreign firms to obtain permissions to carry out large-scale construction projects in Ukraine.

Source: Ministry of Reintegration of Temporarily Occupied Territories of Ukraine on Telegram

Details: The Ukrainian government amended Resolution No. 314 to allow foreign firms and organisations to undertake large-scale construction projects in Ukraine.

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Foreign firms will be granted the right to engage in construction activities without the need to obtain a licence. The amendment will be in effect during martial law.

This amendment refers to the construction of facilities that are classified as objects with medium (CC2) and significant (CC3) effects.

Objects with medium (CC2) effects are residential buildings five floors high or more. Objects with significant (CC3) effects are apartment buildings over 100 metres high, large public buildings, industrial facilities, universities, colleges, schools, preschools, shopping centres, hospitals, and so on.

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The Ministry of Reintegration said that the government’s decision will improve the regulatory framework governing the conduct of foreign companies in Ukraine.

The amendment will also allow Polish firms operating in Ukraine to carry out work to outfit checkpoints on the Ukrainian-Polish border. 

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