Investment fund Mubadala interested in seven Ukrainian companies - Foreign Ministry

"The Foreign Ministry and the State Property Fund of Ukraine held a constituent meeting with the investment fund Mubadala (UAE) and discussed its participation in large-scale privatization and its interest in seven Ukrainian companies in the investment atlas list," reads the statement.

It notes that representatives of one of the world's largest investment funds became interested in participating in the tender for seven Ukrainian companies, including the United Mining and Chemical Company Centrenergo and some regional power companies.

Participants in the meeting discussed the stage of project development and operational issues. In particular, with the assistance of the Foreign Ministry and the Embassy of Ukraine in the United Arab Emirates, they agreed to establish liaison at the operational level between the representatives of Mubadala and the State Property Fund of Ukraine.

In was agreed that after the opening of the border between Ukraine and the UAE, a commission of the fund may visit Ukraine in July to see and assess the facilities.

“I am very pleased that the fund Mubadala is interested in participating in large-scale privatization in Ukraine. This is a good signal that powerful world players see Ukraine’s great potential and want to invest. In addition, the participation of large investment funds makes the process of large-scale privatization more competitive,” said Foreign Minister of Ukraine Dmytro Kuleba.

Mubadala (Abu Dhabi, United Arab Emirates) is one of the world's largest investment funds with assets of more than $850 billion.

iy