There are no changes planned in the implementation of the second stage of the land reform. This means that from 2024, legal entities will be able to purchase land, and all registries are ready.
This was announced by the Minister of Agrarian Policy and Food of Ukraine, Mykola Solskyi, during the XV International Conference “Managing Agribusiness in Ukraine.”
“Only one thing remains — connecting the GIS (Geographic Information System) to the cadastre and the sanctions register maintained by the National Security and Defense Council. This will be done this year. This means that from January 1, 2024, the land market for legal entities will operate. Everything will be as planned,” said Mykola Solskyi.
He added that he envisions the further development of the market towards liberalization rather than more stringent regulation. The war is a reason to accelerate reforms, not to delay them.
“As the world shows us now, no one will help us except ourselves primarily. The competition for money in the world is enormous, and I personally do not believe in the story that after the war, there will be a lot of money just because we are Ukrainians. Business is not driven by sentiments, so we must have convenient rules — not worse than in other countries where investors are willing to invest money,” emphasized Mykola Solskyi.
Source: AgroPortal