Implementation of Kyiv's general plan to cost about Hr 500 billion

Kyiv authorities have passed a draft general plan for Kyiv and its suburban area until 2025, with the cost of its implementation projected at Hr 500 billion. "[The plan's] implementation will cost about Hr 500 billion from all sources of funding," Head of the Municipal Institute of the General Plan of Kyiv Serhiy Bronevytsky said during an extended meeting of the board of Kyiv City State Administration on Monday.

He also said that the cost of such "urgent measures" as the construction of social sphere facilities, housing, etc. amounts to about Hr 150 billion.

According to Bronevytsky, it is planned to build about 28.5 million square meters of housing under the general plan by 2015, including about three million square meters of social and affordable housing (about two million square meters annually, including 0.2 million square meters of social housing).

It is also stipulated that the general area of housing in the capital will reach 88.5 million square meters, and the area of housing per citizen would be increased from 22 to 27.5 square meters.

Bronevytsky added that public hearings on, studies of and the approval of the general plan would take at least three months.