The cost of land in Ukraine doubled in 2012, said Nikolai Kalyuzhny, deputy head of the State Agency of Land Resources of Ukraine at a press conference on Friday.
According to him, in Ukraine, the cost of 1 ha of land is 11,9 thousand UAH, rent for 1 ha - 300 UAH.
"This price should be doubled in 2012, since in recent years, the price dropped to two or three times", - said N. Kalyuzhny.
Also, the official noted that "In Europe, price for 1 ha is from? Two thousand years? 7 thousand depending on the country, and the rent is about? 300. Our land is more valuable and fertile, and its cost is inferior at times. "
In addition Kalyuzhnaya reported that the state budget for 2011 incorporated 400 mln for allocation of free units of land for socially disadvantaged groups.