The Cabinet of Ministers of Ukraine has approved the raising of $ 500 million. loan from China national Corporation of General Contracting (CCEC) to Finance the implementation of the state investment project “Provision of housing under the mortgage crediting or financial leasing”.
This was announced by the Deputy Minister of regional development, construction and housing and communal services the lion Partskhaladze on his page on Facebook.
"Implementing projects of public leasing housing in Ukraine is an enormous positive change in the housing market, because of the simplified lease more citizens will be able to buy their own homes. Very glad that the government supports this important initiative and has already agreed on the attraction of $ 500 million. loan from China national Corporation of General Contracting (CCEC) on the implementation of such projects in Ukraine. For its part, the Ministry stands ready to support these changes," he wrote.
According to Partskhaladze, a loan under the state guarantee will be granted for a period of 15 years, the effective interest rate will be 4.5% per annum, and the sample loan will be in tranches in accordance with the approved financing schedule.