In Ukraine began to sell the rights to lease the land through online auctions

State-owned enterprise SETS the Ministry of justice (OpenMarket) and the State service for geodesy, cartography and cadastre (Gosgeokadastr) will cooperate in the framework of a pilot project to introduce electronic land auctions.

В Украине начали продавать права аренды на землю через онлайн-аукционы

About it reported in a press-service of OpenMarket.

The first lots already in the system platform.

For sale will be offered the lease of 10 plots with a total area of 210 hectares, two in Kirovohrad, Odessa, Sumy, Lviv and Chernihiv regions.

According to the procedure, the auction can be held no earlier than 30 days after the exposure lots.

“Bidding for the sale of land lease are solely with the use of modern technologies blockchain, which eliminates any manipulation and corruption risks”, – said the Minister of justice Pavel Petrenko.

“This is a strategic direction in the sphere of land relations,” – said in turn, first Deputy Minister of agrarian policy and food of Ukraine Maxim Martyniuk.

According to him, for almost 9 months of current year the volume of land sales Gosgeokadastra has already exceeded all of last year.

According to government estimates, the growth of revenues to local budgets from the transfer of state land, already in half a year will exceed 1 billion UAH.

At the same time, land auctions traditional format continue in effect until amendments to the Land code of Ukraine.

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