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You're reading: Yanukovych signs law permitting privatization of Hostynny Dvir in Kyiv

Ukrainian President Viktor Yanukovych has signed a law that foresees the exclusion of Hostynny Dvir (Hospitality Court) at 4 Kontraktova Ploscha in Kyiv from the list of cultural property sites that are not subject to privatization, according to a report posted on the president's Web site. 

This concerns law No. 5059-VI “On amendments to some Ukrainian laws on subsidizing mortgage loans.”

Moreover, the law foresees that the state budget 2013 allocate expenses to subsidize the cost of credit interest rates of the banks or other financial establishments that are provided to citizens for the building, reconstruction and purchase of accommodation.

Earlier, MP Oleksandr Klymenko (Our Ukraine-People’s Self-Defense) introduced an amendment under which a point on the alienation of state or municipal land plots of over 50 hectares was included on the list of obligatory pecuniary valuations of land for the placement of public sports and recreation facilities.

As reported, Head of Kyiv City State Administration Oleksandr Popov reported that the statement of Hostynny Dvir after repairs would not change.

According to him, this concerns neither a change in ownership, nor a change in the architectural type of the project.

“The status of this project according to the project hasn’t been changed,” Popov said 

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