Mubadala, the investment fund of the United Arab Emirates, has signed memorandums of understanding with 18 Ukrainian companies, in particular with EastOne represented by Rodion Kukhaev, Interpipe represented by Denys Morozov, UFuture represented by Mykola Tymoschuk, Unit.City represented by Kostiantyn Yevtushenko, Dragon Capital represented by Andriy Nosok, Fortior represented by Mykola Nesterenko and UMG represented by Andriy Horokhov.
“Mubadala has also signed a number of other memorandums of understanding with private companies that aim to explore investment opportunities in the private sector in Ukraine,” the investment fund said in a release.
According to its data, earlier Mubadala fund also signed memorandums of understanding with other Ukrainian companies, including TAS Group, BGV, Horizon, OdesaGaz, Epicenter, Oschadbank, Mais and Metinvest, which together with DTEK and UMG are part of the assets of SCM Group.
Adviser to the head of the President’s Office Tymofiy Mylovanov said that Mubadala expects to close the first investment by the end of 2021.
“The average ticket (investment amount) of Mubadala is $ 50-100 million,” he wrote on Facebook, pointing out that the estimated investment amount could thus reach $ 1.8 billion.
“The creation of a sovereign fund of Ukraine for joint investments with this and other funds of the UAE and other countries was discussed,” he added.
According to him, the Ministry of Agrarian Policy also signed a memorandum on the creation of a trading company and an agricultural hub.
“Meetings and consultations on specific agreements with other state funds of the UAE are underway,” Mylovanov said.
