Kiev. Ukraine. Ukraine Gate – January 31, 2021 \u2013 Economy<\/p>\n
Analytical platform EasyBusiness believes that in 10 years after the launch of the land market, its value will reach 4-4.5 thousand dollars per 1 hectare.<\/p>\n
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“Our calculations show that over the next 10 years, the price of land may increase to 4\u22124.5 thousand dollars per 1 ha compared to the normative monetary value, which averages 1\u22121.2 thousand dollars per 1 ha “, – he said.<\/p>\n
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In addition, Livch noted that the cost of renting land and the productivity of the agricultural sector in general will also increase. At the same time, he believes that the launch of a fully liberalized land market in Ukraine could bring about $ 50-85 billion in total GDP growth in the next 10 years after the reform.<\/p>\n
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However, the proposed model, according to Livch, although it will have a lower economic<\/a> effect, will still lay the foundation for future development of the agricultural sector subject to the adoption of an auxiliary package of legislative initiatives, including bills \u2116 2194 (transfer of all state-owned lands outside communities), \u2116 2195 (purchase and sale of state lands exclusively through electronic auctions), \u2116 3205\u22122 (Fund for partial guarantee of loans in agriculture).<\/p>\n <\/p>\n EasyBusiness is a non-governmental organization, since May 2014 it has developed dozens of regulations, more than a third of which have already been adopted by the Verkhovna Rada, the Cabinet of Ministers and the Ministry of Economic Development and Trade.<\/p>\n