Ukrainian President Petro Poroshenko has said acceleration of privatization is one of the priority reforms in Ukraine and expects new laws expanding the list of state-owned enterprises to be sold off.
“We are not only talking about the Odesa Port-Side Chemical Plant (OPCP), Centrenergo and energy transmission networks,” Poroshenko said at the opening of the National Reform Council meeting in Kyiv on August 29.
The head of state noted the necessity of demonstrating political will along with ensuring the transparency and efficacy of privatization.
Poroshenko said the point at issue is to attract investors not only from Europe but also from other regions, including investors from southeastern Asia, with whom he met recently and who demonstrated huge interest in Ukraine.
Planned privatization revenues to the state budget in 2016-2017 total Hr 17 billion, but a mere Hr 42 million were received during the first six months of 2016.
The tender for selling the OPCP for Hr 13.175 billion set as the starting price failed in June, however the State Property Fund plans to fulfill its plan by re-auctioning off the enterprise and sell shares in six regional energy-generating companies (oblenergos).
