"We assume that the normative value of farmland is expected to increase to 19,5 thousand UAH per hectare", - said Deputy Minister of Agricultural Policy and Food Nikolai Bezugly during the teleconference with the regions in Kiev on Thursday.
Related article: Free land market: the Ukrainians will be richer, but not immediatelyHe noted that currently the standard cost agricultural land in Ukraine is an average of 11,3 thousand UAH / ha.
N. Bezugly believes that raising the regulatory cost of agricultural land will lead to an increase in rent for the land use from 312 UAH / ha (an average of Ukraine) to 560-600 USD per hectare, as its level depends on the regulatory assessment of farmland.
According to First Deputy Minister, Minagroprod completed a draft government decree, which involves the indexing of the normative value of farmland.
Previously deputy head of the State Agency on Land Resources (Goszem) Mykola Kalyuzhny announced plans to introduce a new method of regulatory and monetary valuation of land with a maximum of 1 June 2012, at which its value increase by approximately half.
Goszem planned this year to test a new normative and monetary evaluation of land in six areas, and since January 1, 2012 or up to June 1, fully recalculate all the land at the new prices.