: :inin Kyiv (EET)

Large-scale privatization: Groysman invites Croatia to invest in Ukraine

Ukraine starts large-scale privatization and invites Croatia to invest in the Ukrainian economy, Ukrainian Prime Minister Volodymyr Groysman said during the Ukrainian-Croatian Business Forum.

The business forum was held under the chairmanship of the heads of governments of Ukraine and Croatia Volodymyr Groysman and Andrej Plenkovic, gathering more than 70 participants from the Croatian side and about 100 representatives of Ukrainian business.

”If we speak of the actual state of affairs, we see a 1.8% GDP growth in the third quarter. Ukraine has risen in the Fitch credit rating. We see growth in industrial output. We have the potential in the development of our agricultural sector, mechanical engineering, metallurgy, chemical industry, and energy. We are starting a large-scale project of state property privatization. This had to be done 20 years ago. But we are doing it now in order to attract investors who will come and be able to work,” Groysman said.

He stressed that Ukraine and Croatia had significant potential for development of cooperation in a number of sectors – tourism, food processing, shipbuilding, pharmaceuticals, light industry, renewable energy and the agricultural sector.

As UNIAN reported earlier, Prime Minister of Croatia Andrej Plenkovic came to Ukraine for an official visit. This is his first official visit at the level of prime minister, and the first visit in 25 years of the head of the Croatian government to Ukraine.

During the visit, Ukraine and Croatia officials have already signed a number of bilateral economic documents, as well as agreed to hold in 2017 a meeting of the intergovernmental commission on trade, economic cooperation, and military-technical cooperation.

Ukraine plans to begin the process of large-scale privatization in December this year from another attempt to sell 99.6% shares of Odesa Portside Chemical Plant (OPP).


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