Large-scale privatization in Ukraine will not begin
until 2016, and it would be "extremely optimistic" to expect on it in
2015, Ukrainian Minister of Economic Development and Trade Aivaras Abromavicius
said during the parliament’s hour of questions to the government on Friday
"As for the privatization plan. The budget
provides UAH 17 billion revenues from privatization. Based on the fact that the
draft laws are being delayed, the adoption of which is necessary for the start
of the privatization, the large-scale privatization is in fact postponed until
next year. It would be "extremely optimistic" to expect it starts in
2015," Abromavicius said, adding that the the process will
with the sale of Odesa Port-side Chemical Plant.
The minister recalled that a number of draft laws
required for transparent privatization had been submitted to the
Parliament. In particular, it is the draft law to abolish the mandatory sale of
5% or 10% shares of state-owned enterprises through exchanges.
As UNIAN reported earlier, sale of Odesa Port
Plant was previously scheduled for November-December this year, but was
postponed to January-February 2016 due to some objective reasons, according to
Chairman of Ukraine's State Property Fund Ihor Bilous. He emphasized that a
main reason for postponing the auction was the adoption by the parliament of the
law abolishing a compulsory sale of 5% stake in the enterprise, as well as the
execution of all procedures for holding the auction and searching for a
privatization adviser.
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