KYIV, July 1 - Experts estimate the average cost of 1 hectare of agricultural land after the opening of the land market on July 1 at $2,200, by the end of the year its cost will reach $2,500/ha, co-founder of the Land Club association of land investors Oleksandr Kolotilin has told Interfax-Ukraine.

"The start of the market is on average planned at the level of $2,200 per ha. But at the same time, it must be clearly understood that the agricultural land market existed before July 1, 2021. Still, 5 million hectares of land allocated within the framework of free privatization for private farming for all the years of Ukraine's independence is also a sufficient amount of land. Thus, the price of land that was under the moratorium correlates with the market that has existed all this time," Kolotilin, who in 2017-2019 was the acting head of the State Service of Ukraine for Geodesy, Cartography and Cadastre, said.