Government establishes National Investment Fund

The Cabinet of Ministers of Ukraine adopted a decision to establish the National Investment Fund to support large-scale and socially significant investment projects.

"At the instruction of the President of Ukraine, the Government established the State Enterprise ‘National Investment Fund of Ukraine’ (National Investment Fund) and approved its charter. The decision was adopted at a meeting of the Cabinet of Ministers on March 31," the press service of the Ministry of Economic Development of Ukraine informs.

It is noted that the purpose of the National Investment Fund is to create favorable conditions for implementing large-scale investment and socially significant projects, developing international economic cooperation, and increasing the competitiveness of Ukraine.

According to the Ministry’s press service, in accordance with the approved Charter, the objects of activity of the enterprise are: attracting and concentrating financial resources for the implementation of investment projects; financing and implementing priority investment projects; attracting investment; preparing investment and other projects; managing property in accordance with the law; establishing investment funds, participating in investment funds; participating in joint activities; participating in socially significant projects.

As reported, President Volodymyr Zelensky instructed the Cabinet of Ministers to take measures to establish the National Investment Fund. This is stated in Decree No.103 / 2021 of March 9, published on the President's website.

On March 29, Prime Minister Denis Shmyhal chaired an online meeting on the establishment of the National Investment Fund, in pursuance of the decree of the President of Ukraine.

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