• Українською
  • New efficient policy aimed to leverage investments in state enterprises to be introduced this year, vows Prime Minister
    posted 19 February 2018 14:45

    The policy seeks to ensure effective and transparent attraction of investments in the public sector should be kicked off this year. This statement was issued by Prime Minister of Ukraine Volodymyr Groysman.

    The Head of Government underlined the said initiatives will be accompanied by a new and effective legislation, and the process of attracting a new investor will be transparent and competitive. Citizens and the country will benefit from this.

    "The key task is transparency, openness and perspicuity for people. We have to eradicate corruption and lack of competition in every state enterprise. I believe that this is fundamental", the Prime Minister underlined.

    According to the Head of Government, it is equally essential to carry out the corporatization of large strategic state-owned companies

    Background

    At present, there are 3.5 thousand state-owned enterprises in Ukraine, a large number of which have been put into operation 50-150 years agoThe state lacks sufficient resources to carry out proper modernization of enterprises. Ineffective management of companies leads to bankruptcy, and often serves a source of corruption.