The Ministry of Foreign Affairs (MFA) and the State Property Fund of Ukraine held a constituent meeting with the Investment Fund Mubadala (UAE) and discussed its participation in large privatization and interest in seven Ukrainian enterprises from the investment list.
“Representatives of one of the largest investment funds in the world were interested in participating in the tender for seven Ukrainian enterprises, including United Mining and Chemical Company, Centrenergo and a number of regional energy companies,” the diplomatic department noted.
Participants of the meeting discussed the stage of project preparation and operational issues. In particular, they agreed with the assistance of the Ministry of Foreign Affairs and the Embassy of Ukraine in the UAE to establish communications at the operational level between the representatives of Mubadala and the State Property Fund of Ukraine.
Subject to the opening of borders between Ukraine and the UAE, a commission of the fund may visit Ukraine in July to see and evaluate the attractiveness of the facilities.
“The Foreign Ministry and the Ukrainian Embassy in the United Arab Emirates are working to attract investment in Ukraine. I am very pleased that Mubadala fund is interested in participating in a large privatization in Ukraine. This is a good signal that powerful global players see the great potential of Ukraine, and they want to invest. In addition, the participation of large investment funds makes the large privatization process more competitive,” the Foreign Minister Dmytro Kuleba said at the end of the meeting.
International Investment Fund Mubadala is one of the largest in the world, which owns assets of more than USD 850 billion.
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