KYIV. March 17 (Interfax-Ukraine) – The most important for attracting investment to Ukraine are privatization, reformation of the corporate management of state-run enterprises and land reform, Managing Director of the European Bank for Reconstruction and Development (EBRD) for Eastern Europe and the Caucasus Francis Malige has said.
He said that the top priority for investment is privatization where was no progress: there was neither the right approach nor transparency of the process. A clear decision on the privatization of state-owned banks should be made, he said, speaking at the 13th Dragon Capital Annual Ukraine Investor Conference in Kyiv on Thursday.
Malige said that the reformation of the large and ineffective sector of state-run enterprises is also important.
Some state-run enterprises are a source of corruption, he said. They are used to finance election campaigns. It is important that these enterprises are reformed before 2019 and even before 2018, as when the election campaign starts no one would see reform in this segment, he said.
The third thing is the land reform. This is what will attract large investment in the agricultural sector, Malige said.
