Arseniy Yatsenyuk: The privatization of the OPP should set an example how to attract a real investor and get maximum price

Prime Minister of Ukraine Arseniy Yatsenyuk stressed the need to adopt in Parliament a law on transparent and fair privatization: "I hope the first object for privatization will be the Odessa Port Plant", said the Head of the Government at a meeting of the Financial Stability Council on Friday, January 29.

"For the Government it is crucial to set afloat the Ukrainian economy. And here it is crucial to ensure the Ukrainian Parliament voting for the laws enabling the transparent and fair privatization," he stressed, noting that this is one of the principal ways of leveraging foreign investment to Ukraine in 2016.

He noted that after a few dozen attempts, on January 28, they had managed to support in the first reading the law on fair and transparent privatization. The Prime Minister expressed gratitude to MPs for they "provided an opportunity to vote for this law, and this year to hold privatization similar to that which took place almost ten years ago – the privatization of the Kryvorizhstal.

Arseniy Yatsenyuk expressed hope that number one would be the Odessa Port Plant: "This privatization should become exemplary in terms of attracting a real investor and getting the maximum price from selling the facility."

"On the one hand, it means hundreds of millions of dollars for the Ukrainian budget, to ensure economic boost. On the other, it means investment flows, new jobs and new standards of company management when privatized", said the Head of Government.