Ukraine will allocate about UAH 2 bn annually for aircraft construction

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Open source

About UAH 2 billion annually will be allocated from the budget for aircraft construction. This was stated by Prime Minister Denys Shmygal at a meeting of the Cabinet of Ministers, Ukrinform reports.

“The government has approved the concept of the State Program for the Development of the Aviation Industry until 2030. The program presents several options for the development of the industry, in particular the basic option, which provides for the financing of the aviation industry from the state for about UAH 2 billion annually. This will allow to restore full-scale production of civil aircraft and master the full process of helicopter production,” Shmygal wrote.

According to him, the volume of products sold in the event of the implementation of the program is estimated by experts at UAH 300-350 billion over 9 years.

The prime minister also added that “tens of thousands of high-tech jobs” will be preserved and created.

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