The State Property Fund of Ukraine is preparing to resume large-scale privatization.

The agency is ready to offer several assets to buyers, said the head of the SPFU, Rustem Umerov. Among them are the Odesa Port Plant, Centernergo, the United Mining and Chemical Company, the state’s share of the Ocean Plaza Shopping Center, and Demurinsky GZK.

Umerov explained that the SPFU’s priority is the creation of a Sovereign Fund, which will include 1% of strategic state objects. “Also, this document will determine the criteria by which state assets will be included,” the official said.

According to Umerov, the fund plans to include enterprises from 6 to 11 industries in the Sovereign Fund. In the future, they will become mouthpieces for the recovery of the Ukrainian economy. Another goal of the department – effective corporate governance. To do this, the fund’s new team audited the state-owned enterprises managed by the fund and found that most of them should be sent for liquidation or bankruptcy.