Government and Business: A New Level of Partnership for Economic Growth
Effective synergy between the public sector and private capital is becoming the foundation for the recovery of the Ukrainian economy. Recently, Dmytro Natalukha, Chairman of the State Property Fund of Ukraine, held an extended meeting with representatives of the Ukrainian Business Council. The main goal of the dialogue was to discuss the Fund’s strategic priorities: from the sale of large industrial assets to the implementation of innovative digital tools for managing state property.
During the meeting, Dmytro Natalukha focused on preparations for the privatization of the largest state-owned assets. The Fund’s Chairman emphasized that large-scale privatization is not merely the sale of assets, but rather the attraction of responsible owners capable of breathing new life into enterprises, modernizing them, preserving their core business activities, and creating new jobs. Special attention was given to public-private partnership mechanisms, which allow for the pooling of state resources and business expertise to implement large-scale infrastructure projects, while maintaining strategic state control where necessary.
An important part of the discussion was the report by Yulia Yusupzhanova, Deputy Head of the State Property Fund of Ukraine (SPFU), on the “Land Bank” project. She provided a detailed account of last year’s results, noting significant revenues to the state budget from the lease of agricultural land through transparent auctions. According to the deputy chair, a clear list of lands ready for lease has been compiled to date; however, there are certain legal complications with individual plots, which the team is working to resolve in collaboration with relevant agencies. Further expansion of the project is planned for 2026, which will allow even more land to be brought into transparent circulation.
The digital transformation of processes at the Fund was another key topic of discussion: plans include the launch of an interactive map of privatization assets and the modernization of the Unified Register of State Property. To implement these IT solutions, the State Property Fund of Ukraine is actively seeking strategic partners and investors willing to finance their development. Representatives of the Ukrainian Business Council supported these initiatives and expressed their willingness to assist by providing professional expertise to implement them.
Representatives of the Ukrainian Business Council actively participated in the discussion, asking practical questions and offering their own advice on improving asset management mechanisms. Following the meeting, the parties established a shared vision for future work and agreed on ongoing cooperation. Such collaboration will help make the management of state property transparent, attract new investments, and strengthen the Ukrainian economy as a whole.
