KCSA is going in the middle of February 2011 to declare 19 investment tenders

24.12.2010 15:37
Kyiv City State Administration (KCSA) is going in the middle of February 2011 to declare 19 investment tenders that will be involved in the implementation of investment projects worth about 1 bln. At a press conference on Friday, the deputy head of KCSA Ruslan Kramarenko reported that 13 of these competitions will cover Object Reconstruction and 6 new construction. In particular, it concerns the reconstruction of underground passages with a device built commercial premises, construction of car parks, commercial office space.

Decision to give the competition the 19 investment projects were approved at the meeting of the competition committee KSCA to attract investors to finance the construction on Thursday. At the meeting of the committee also discussed the 1951 investment agreement, which were concluded previously, but not actually performed. The Commission decided to initiate the rupture of the investment contracts, which will take place either in court or by consent of parties.

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The Commission also decided that investors who have already won an investment tender, will have to pay to the city budget 5% of project cost. According to R. Kramarenko, it will provide an opportunity to weed out middlemen from the market.
Content tags: Investments Competitions Kiev
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