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Ukraine’s MFA invites Portuguese investors to take part in large-scale privatization

Source : 112 Ukraine

Dmytro Kuleba named three key opportunities that Ukraine could provide to Portuguese business and investors
08:06, 10 September 2020

Ukraine’s Foreign Minister Dmytro Kuleba at the economic forum in Lisbon
Ukraine's Foreign Ministry

During his speech at the economic forum in Lisbon, Ukraine’s Foreign Minister Dmytro Kuleba invited Portuguese investors to take part in the large-scale privatization in Ukraine, the Foreign Ministry's press service reports.

"I invite you to take part in the large-scale privatization in Ukraine," Kuleba said.

It is noted that the minister told the audience about economic reforms that had been implemented in Ukraine and three key opportunities that Ukraine could provide to Portuguese business and investors. The first one is the abovementioned large-scale privatization.

Related: Large privatization should add $ 1 billion to Ukraine's budget in next few years, - PM

According to Dmytro Kuleba, the second possibility is digitalization. He noted Portugal's efforts in this area and spoke about Ukraine's current experience and leadership in the development of the digital state.

The third possibility named by the official is the aerospace industry, given the interest in space, which is now growing everywhere.

As we reported earlier, Ukraine expects to receive credit tranches from the International Monetary Fund (IMF) by the end of the year. 

Related: Privatization in Ukraine: Why private management proves disappointment?

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