The new Teremky station of the Kurenivsko-Chervonoarmiyska line of Kyiv Metropoliten will not be commissioned by August 24, Ukrainian Independence Day, as earlier planned, if the issue of funding is not resolved, PJSC Kyivmetrobud Director General Volodymyr Petrenko has said.

“Today it is very difficult to say that we will commission the station by Independence Day, but we are waiting for a decision on funding. If we get funding at the same rate, then, of course, we will not manage. Though the potential of Kyivmetrobud is enough to still fight for [an opening on] Independence Day,” he said in an interview with Interfax-Ukraine.

According to him, the overall cost of the construction of the start-up stage is UAH 830 million, and some UAH 128 million of the sum has been paid: UAH 96 million was allocated from the national budget in April, and the remaining funds from the city budget. At the same time, the cost of the work done is UAH 400 million.

“We took a loan at a bank and pay UAH 1.5 million per month on the loan. All participants in the construction invest in this construction, and the work is being carried out at the expense of their debts,” Petrenko said.

He noted that the development of the Kurenivsko-Chervonoarmiyska line would not stop at the Ipodrom station, and the Teremky station will be the terminus of the line.

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