ARTICLE · 30 AUGUST 2011

Government To Provide Support For Public-Private Partnership - April 5, 2011

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On 28 March 2011 new regulations for the provision of state support to public-private partnerships ("PPPs") took effect.

UkraineGovernment, Public Sector

On 28 March 2011 new regulations for the provision of state support to public-private partnerships ("PPPs") took effect. This is connected with the publication of Resolution of the Cabinet of Ministers of Ukraine (the "CMU") No.279, dated 17 March 2011, approving the Procedure for Providing State Support for Realization of Public-Private Partnership (the "Procedure").

In accordance with Law of Ukraine "On Public-Private Partnership" of 1 July 2010 and the Procedure, state support may be provided to PPPs in relation to objects of state and municipal ownership in the following forms:

provision of state guarantees or local guarantees; and
financing from state or municipal budget.

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