A view shows the entrance to a dining hall at the Irpin Penal Center outside Kiev on August 6, 2020. – Ukrainian justice ministry on August 6 begun a drive to sell off its prisons, an ambitious project meant to help finance new jails for the country’s aging penitentiary system. Over the next 10 years the justice ministry plans to sell about a hundred prisons. The Irpin Penal Center was the first lot in the auction that will start in the coming weeks. Ukraine’s penal system discontinued use of the jail a year ago and more than 120 of its residents were relocated to other jails, Leonid Parkhomchuk, the center’s acting head, told AFP. (Photo by GENYA SAVILOV / AFP)

The State Property Fund expects to have sold Hr 1.67 billion ($1.3 million) worth of assets in small-scale privatization auctions in the first half of 2021, the state agency reported on Facebook on July 6. 

The expected revenue is four times the amount received in the same period last year.

Source: www.kyivpost.com

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