The law on privatization will launch a large-scale sale of state property, - Kubiv

18 January 2018, 17:22 | Policy
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This was stated by First Vice Prime Minister - Minister of Economic Development and Trade of Ukraine Stepan Kubov.

According to the press service of the ministry, thanks to this bill, the production will be modernized. In addition, new jobs will be created, millions of investments and eradication of corruption, which for years has corroded the budgets of state enterprises.

At the same time, Kubiw claims that the law will expand the range of potential investors by strengthening the protection of their rights. In particular, if the investor wants the contract of sale to be governed by the law of England and Wales, the privatization body will be obliged to satisfy this condition.

At the same time, the law will allow to pass to market pricing for objects of state property. The starting price for objects of small privatization will be their book value (value of assets), if it exists and does not equal 0.

However, if the book value of the object can still not be determined, then the starting price will be established on the basis of the estimate.

Recall, as previously reported, "URA-Inform, for the Act No. 7163" On the peculiarities of state policy to ensure the state sovereignty of Ukraine over temporarily occupied territories in Donetsk and Lugansk regions, "280 people's deputies voted.




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