Wednesday, July 27 2016 20:00 EEST
Groysman has invited businessmen from Arab countries to buy Odesa Port-Side Chemical Plant
Ukraine, Odesa, Groysman, invited, Arab businessmen, companies, sell, Odesa Port-Side Chemical Plant, buy, Arab countries, investing, cooperation

Ukrainian Prime Minister Volodymyr Groysman invites Arab companies to participate in a fresh auction where Ukraine will put the Odesa Port-Side Chemical Plant up for sale, according to the government's press service.

'It is important to us. We'd like to have public, open privatization in Ukraine,' Groysman stated during a meeting in Kyiv with diplomats from Arab countries, an announcement on the government's website read, Unian reports. 

The diplomats, in turn, confirmed that the businessmen from their countries were interested in investing in Ukraine and highly evaluated the Ukrainian government's efforts to conduct reform and initiate the required changes in various fields.

The aim of the meeting was to discuss pressing issues of bilateral cooperation and to assure projects for interaction between Ukraine and the Arab countries.

Groysman said there were many opportunities for cooperation both in Ukraine and the Arab world, for example, in energy, education, agriculture, information technology and infrastructure.

'The Ukrainian government is interested in opening up our country to your countries, to your businesses, investment, and in deepening trade relations,' Groysman remarked.

The Ukrainian government is committed to holding a Ukrainian-Arab economic forum in the country to facilitate trade and encourage Arab companies to acquire state assets in Ukraine.

On July 18, the tender to sell Odesa chemical plant failed due to a lack of interest, and the State Property Fund, which is in charge of privatization in Ukraine, announced plans to prepare a new tender with a possible decrease in the starting price of the shareholding by 30%.

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