Kuwait Investment Authority interested in privatization of Ukrainian enterprises

Kuwait Investment Authority interested in privatization of Ukrainian enterprises

The Kuwait Investment Authority (KIA) is ready to participate in the privatization of Ukrainian state-owned enterprises.

This was discussed at the meeting of First Deputy Economic Development and Trade Minister of Ukraine Maksym Nefyodov with the KIA management, the Ministry’s press service reports.

"Elaborating a new privatization law and preparing Ukrainian enterprises for the privatization, the government seeks to attract reliable and reputable foreign investors. The Kuwait Investment Authority is definitely one of such recognized players. We are glad that the KIA is interested in investing in Ukraine and, in particular, in participating in the privatization of Ukrainian state-owned companies," Nefyodov said.

As the deputy minister assured, Ukraine is a reliable partner which will protect the interests of potential investors at all the stages of purchasing the state assets on fair competition basis.

The KIA management, in turn, noted the interest of the Kuwaiti side in investing in Ukrainian projects both their own funds and assets of investment funds in the initial offering of Ukrainian companies’ shares on world exchanges, in the real estate, financial markets, service sector. During the meeting, the KIA representatives underscored their readiness to invest in the Ukrainian economy through the purchase of profitable enterprises, trade and office centers.


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