The government has introduced a new tool for attracting investors during privatization

The State Property Fund has been granted the right to use a new instrument for attracting investors. From now on, the SPFU will be able to form separate pools of state assets for further privatization.

Today, on July 14th, the Cabinet of Ministers adopted a resolution approving the Procedure for the formation of such pools.

The main goal of introducing the new mechanism is to increase business interest in investing in state assets. Pools attract more attention from investors who are interested in implementing significant projects and can make large-scale investments. Currently, the SPF is putting up state assets for sale by individual enterprises.

The privatization pools will be formed from enterprises operating in the same economic sector. The production of one enterprise can serve as raw material for another.

Therefore, pools provide the opportunity to privatize vertically integrated businesses instead of acquiring separate assets.

The new mechanism can be used for both small and large-scale privatization.