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Cabinet allocates UAH 2.5-bln for new dairy farms construction in 2018
Journal Staff Report

KYIV, Feb 7 The Cabinet of Ministers allocates UAH 2.5 billion for construction of new dairy farms in Ukraine using the tool for distribution of funds to support the agro-industrial complex in 2018.

"We are sending UAH 2.5 billion for construction of dairy farms in the country. Using these funds we will provide loans to agro-industrial enterprises. The rate of these loans will be about 3% in hryvnias [with the term of up] to five years. This is enough, and all associations support this. Or we will compensate about 30% of the cost, if the credit resources of the commissioned facilities are not involved. Throughout this year, mass construction of farms, dairy complexes will begin. We will increase the number of livestock and the volume of products made," Prime Minister Volodymyr Groysman said at a government meeting on Wednesday.




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