Pilot Project for Mass Land Valuation to be Launched in Ukraine

The government has approved Resolution No. 1078 “Certain Issues Regarding the Implementation of the Pilot Project for Mass Land Valuation.” The document was developed by the Ministry of Agrarian Policy and Food of Ukraine, as reported by “ProAgro Group.“

The pilot project includes:

1. Creation of a geoinformation system for mass land valuation integrated with the software of the State Land Cadastre.
2. Construction of a mathematical-statistical model for mass land valuation.
3. Establishment of an automated system for calculating and updating indicators for mass land valuation.
4. Development of proposals for using the results of mass land valuation for taxation purposes.

The project’s implementation duration is 11 months.

The resolution was developed in accordance with point 1-2 of Section VI “Final Provisions” of the Law of Ukraine “On Land Valuation,” which stipulates the approval of the Procedure for implementing the pilot project for mass land valuation.