“At online auctions for sublease of agricultural land, 68% of the winners are small farms and enterprises.”, — write: epravda.com.ua
At online auctions for sublease of agricultural land, 68% of the winners are small farms and enterprises. This was reported by the Minister of Agrarian Policy and Food Vitaly Koval. “68% of online auction winners in the first two months of the “Land Bank” project are small farms and enterprises with up to 60 employees. This result confirms that the “Land Bank” creates equal conditions for all market participants and promotes the development of small and medium-sized agribusiness in Ukraine,” Koval wrote. According to him, the transparency of online auctions, where an average of 11 participants apply for one lot, ensures healthy competition and stimulates the efficient use of land. Advertisement: Koval reminded that by the end of 2024, the State Property Fund plans to hold another 47 online auctions in 13 regions of Ukraine. And the total area of land put up for auction is almost 4.36 thousand. Ha. Read also: Deputies, businessmen, local “princes”. Who earns money on prison lands We will remind: Advertising: The State Property Fund created a supervisory board in LLC “State Land Bank” (the state operator of agricultural lands). Bohdan Danylyshyn, ex-chairman of the board of the National Bank of Ukraine, was elected as the head.