Vitaliy Koval: Odesa has significant potential for attracting private investment

Vitaliy Koval, Chairman of the State Property Fund of Ukraine, paid a working visit to Odesa region and inspected the objects scheduled for privatization. The Chairman of the Fund emphasized the need to attract private investment to support economic development and increase state budget revenues to support the Armed Forces of Ukraine.

"Today we have a key task to find internal tools that will contribute to the development of Ukraine. State property is a common heritage, and our goal is to ensure its effective use to create new jobs and develop the territories," said Vitaliy Koval.

During a visit to the Odesa Port Plant, which is on the list of large-scale privatization objects, the SPFU Chairman expressed satisfaction with the plant's condition. Despite the fact that the plant is not currently operating in its core activity and does not produce chemical products, the team maintains it in good condition. Even during the full-scale war, the Odesa Port Plant was able to adapt its capacities, ensuring grain transshipment and supporting the functioning of the "grain corridor".

During the trip, Vitaliy Koval also visited the Odesa Hippodrome, which is part of the State Enterprise "Horse Breeding of Ukraine". He noted that the unused administrative premises of the hippodrome, measuring about 1,000 square meters, have great potential for leasing and may be of interest to businesses, including the restaurant industry.

During the year, the SPFU plans to put up a number of state-owned properties in Odesa region for electronic auctions, and the regional office of the Fund has been instructed to update the data on privatization and lease objects in order to increase state budget revenues.