State Property Fund of Ukraine and one of the world’s largest investment fund – Mubadala Investment Company PJSC (UAE) have concluded the Memorandum of Understanding

The Chairman of the State property Fund of Ukraine Dmytro Sennychenko signed the Memorandum of Understanding (Memorandum) with one of the world’s largest investment fund – Mubadala Investment Company PJSC, during the official visit of the President of Ukraine Volodymyr Zelenskyy to the United Arab Emirates.

According to the Chairman of the Fund,the signed memorandum is aimed at attracting the Emirates side to participate in the transparent privatization program and other investment projects.

Along with the privatization program, the projects were also discussed to attract investment for the development of high-tech industry in Ukraine.

“Ukrainian delegation managed to conclude the memorandums and contracts worth more than $3 billion. The projects will be implemented in different areas, from agricultural hubs to blockchain technology. Transparent reforms and a fair process, together with a huge potential of our country, form a new Ukraine and create a window of opportunity to attract sustainable investment,” Dmytro Sennychenko said.

He also noted the signing of the Memorandum shows a real interest of international investors in the Ukrainian assets.

“Attracting investment is the key to economic growth of Ukraine. The signing of the Memorandum of Understanding with Mubadala Investment Company PJSC, managed by a sovereign investor, the Government of Abu Dabi, is a very important step opening a way for investment from Western Asia, Dmytro Sennychenko emphasized and added that the window of opportunity is open and we should not waste and use it.”

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