ON THE LATEST IMPROVEMENTS IN UKRAINIAN INFRASTRUCTURE

National joint-stock company Naftogaz of Ukraine spent UAH 539.9 million on connecting settlements located in rural areas to the gas supply network in January-September 2012 (1).
This data is contained in a report of the Ministry of Energy and Coal Industry of Ukraine (2) on the fulfillment of the plan for the first nine months of 2012. According to the document, Naftogaz (3) funded the construction of 133 facilities and connected 242,000 Ukrainian
households in 127 villages to gas supplies in the first nine months of this year.


As part of the company's gas connection program and the government resolution on the extension of gas pipelines, the company intends to connect another 108 settlements with 84,000 households to the gas network in the fourth quarter of this year (1). Since May 2010, Ukraine has built and commissioned 273 gas pipelines with a total length of 2,147 km. This allowed to connect 607,000 households to gas in less than a year’s time, compared to105 gas pipelines 733.7 km long, which allowed to connect 201,400 households to gas during a period between 2005 and April 2010

UINVESTOR PERSPECTIVE
Any improvements in Ukrainian infrastructure serve as positive economic indicators in measuring the country’s economic progress. Such improvements show strong country leadership in taking care of wellbeing of its citizens and its investment in the future. On a micro-level, this means perceived improvement in the quality of life, which leads people to shift their focus from basic needs to thinking about a bigger picture and being more active in social, economic, educational, and political initiatives of the country. For uinvestors this could mean stronger business opportunities within a more stable economic environment.

REFERENCES:
(1) http://www.interfax.com.ua/eng/eco/126996/
(2) http://mpe.kmu.gov.ua/fuel/control/uk/index
(3) http://www.naftogaz.com/www/2/nakweben.nsf