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  • The Large Construction initiative of the President has a huge positive impact on the economy, assures Denys Shmyhal
    Communications Department of the Secretariat of the CMU, posted 22 November 2021 14:13

    Thanks to the President's program the Large Construction in the regions there have been implemented much more infrastructure projects compared to previous years, the program covers in fact every community in Ukraine. Prime Minister Denys Shmyhal stated in the Saturday Interview program on Radio Svoboda.

    "This is the most significant project that allowed the economy to pass more smoothly the coronavirus-inflicted crisis during last year. These are investments in the economy that have created a significant multiplier effect and helped keep the business afloat. I believe that this is an illustrative project that allows us to reach GDP growth in the context of the global crisis," said the Prime Minister.

    Meanwhile, Denys Shmyhal noted that the Large Construction programme has a positive effect on the growth of average wages.

    "The average salary in Ukraine exceeded $500 this year. We are planning to further step up the pace of investment in Ukraine and that of the improvement of people's well-being," the Prime Minister added.

    Denys Shmyhal also stressed that on the initiative of Volodymyr Zelenskyy, a large-scale project to upgrade the railway infrastructure "New Ukrainian Railways" had been launched. In addition to the renewal of Ukrzaliznytsia's rolling stock, a number of sections are being electrified, as a result, Cherkasy and Zhytomyr will be able to get a fast railway connection with Kyiv. In addition, according to the Prime Minister, a number of other similar projects are planned.

    "I have always had a question why people from regional centers do not have a direct connection with the capital. I myself went to Cherkasy as a child, and then I didn't understand why, why do I have to change somewhere or hitchhike, get on buses and so on?" said the Prime Minister.

    The Large Construction initiative of the President has a huge positive impact on the economy, assures Denys Shmyhal The Large Construction initiative of the President has a huge positive impact on the economy, assures Denys Shmyhal