Agriculture Ministry Ukraine launches National Farmland Pecuniary Valuation Portal

Ukraine's Agricultural Policy and Food Ministry has launched beta version of the national farmland pecuniary valuation portal, which allows calculating the value of any land parcel in Ukraine, acting Agricultural Policy and Food Minister Maksym Martyniuk has said.

"On February 7, 2018, the Cabinet of Ministers adopted resolution No. 105, which approved conducting a nationwide regulatory pecuniary valuation of farmland throughout Ukraine. In less than a year, a full range of assessment work was carried out, the data was combined into a single array, an algorithm was written, a mirror portal was created with a possibility of online calculation of the pecuniary value. As a result, we have not a single farmland parcel outside settlements, which was not calculated in the database," Martyniuk wrote on his Facebook page.

According to him, the main executor is the Research and Design Institute for Land Management, which carried out a full range of works.

He said that for citizens-owners of land that rent land, the portal provides an opportunity, relying on the data of the pecuniary value, to verify the fairness of the rent and, if necessary, adjust it, focusing on the indicators of land auctions in the area.

"For tenants, it is an opportunity to clearly predict their rental expenses in any part of Ukraine and the amount of mandatory payments and for local governments to have a clear understanding of the assessment of land resources and the ability to calculate budget revenues and introduce planning," the acting minister said.

In connection with the launch of the portal the ministry expects the activation of land auctions (including in electronic form), most of which now simply cannot take place if the local district council does not approve the value for the lots.

Martyniuk said that the basis for calculating the pecuniary value of a land parcel is indicators of soil quality. The last time ground research in Ukraine ended in 1995. The outputs were incomplete and required clarification. In each region of Ukraine there were white spots, the total area of which across the country was about 2 million hectares.

"In theory, the owners of the land should have worked to eliminate these white spots and clarify the information. And now I am not talking about the citizens who own the plots (although they too), but first of all about the local governments who are most interested in correctly assessing their land resources, since the volume of land payments to local budgets depends on this," Martyniuk said.

Link to Facebook post:

https://www.facebook.com/1608273969384876/posts/2347587355453530/

KYIV. Dec 26 (Interfax-Ukraine)

Beeld: ©https://ngo.land.gov.ua/