A concessions bill would create
A concessions bill would create a transparent procedure for selecting concessionaires, international arbitration of disputes and the ability to attract advisers to prepare projects for public-private partnerships. It would empower banks to repossess property and concession rights pledged as collateral. Marina Petrov, EBRD Ukraine’s deputy director for infrastructure, says that without this concession law, the EBRD is unable to attract commercial banks for co-financing infrastructure. The EBRD is the largest international financial investor in Ukraine.