Odesa Port Plant to be put up for privatization again in summer, — State Property Fund

The State Property Fund of Ukraine plans to put the Odesa Port Plant up for privatization again this summer.

Four potential investors are currently interested in the asset. The head of the State Property Fund, Dmytro Natalukha, told The New York Times, Business Censor reports.

He specified that these are three Western investors and one from the Middle East. All of them have already signed a non-disclosure agreement in order to get acquainted with the terms of privatization in more detail.

Natalukha also noted that in the event of a full-scale war, a foreign investor with the “right flag” could become the buyer – this could supposedly protect the plant from Russian strikes.

The Odesa Port Plant, according to the head of the SPFU, is an interesting but complex asset.

“Let’s be frank, it is a complex asset. But it also offers many opportunities… I think that if the plant is sold, it will be a historic event… This will be a powerful signal both inside the country — for the authorities and the government — and outside the country, to foreign investors,” Natalukha commented.

 Earlier, USM reported that Kernel refused to participate in the privatization of OPP after checking the asset and assessing the risks.