State Prerty Fund plans to resume large-scale privatization

"We plan to put up all large objects for sale in the second or third quarter. Plan ‘A’ is to privatize. Plan ‘B’ – if there is no demand for these objects – is to start develing these enterprises in the long term and make them attractive to investors in the future," Head of the State Prerty Fund of Ukraine Rustem Umierov td Forbes.Ukraine in an interview.

According to him, the State Prerty Fund is currently awaiting the adtion of draft law No. 8250 on the timization of the Fund’s structure which contains a condition for unblocking large-scale privatization.

"There is unity among MP, so we expect the adtion [of the draft law] at second reading shortly," Umierov said.

As reported, in February 2023, the Verkhovna Rada passed draft law No. 8250 aimed at improving the management structure of the State Prerty Fund at first reading.