Ukraine opens door to foreign construction companies
08 August 2024
The Ukraine Ministry of Reintegration of Temporarily Occupied Territories (Ministry) (which dictates economic activity under martial law) so that foreign construction companies can successfully apply for permission to conduct work in the country.
Ukraine road workers hold the country鈥檚 flag. (Image: Adobe Stock)
The draft act was developed by the Ukraine Ministry of Economy in pursuance of the protocol decision of a special meeting chaired by Deputy Prime Minister Iryna Vereshchuk, said the Ministry.
The change applies to works classified as 鈥渕edium鈥 and 鈥渟ignificant鈥 in scope.
鈥淭he right to construction activities will be granted by submitting a declaration of economic activity to the licensing authority free of charge without the need to obtain a license for the construction of facilities,鈥 said the Ministry.
The department said the amendments should simplify the legal regulation of construction activities by foreign companies. It also noted a particular case which made the decision timelier.
鈥淚n particular, it will allow representative offices of Polish companies in Ukraine to carry out work on the arrangement of checkpoints on the Ukrainian-Polish border,鈥 said the Ministry.
Ukraine has been at war with Russia 鈥 which invaded the country in February 2022 鈥 for more than two years.
A Ukrainian woman sits outside a destroyed home. (Image: Adobe Stock)
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