On October 3, the Parliament adopted the Law On Concession, which, among other things, is supposed to improve legal regulation of concession activities and bring legislation on concession in line with that on public-private partnership (PPP).
The Cabinet of Ministers offers tax incentives and promises clear procedures for joint investment in projects important for the country.
The new law “On privatization of state property” adopted by the Verkhovna Rada on 18 January this year simplifies privatization of municipal property and providers better definition of privatization goals.