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Facilities that are in a good shape and are located near big cities are sold first.
Acting head of the State Property Fund (SPF) of Ukraine Vitaliy Trubarov says 84 facilities worth UAH 84 million (US$3 million) have already been sold since the launch of the small-scale privatization campaign in Ukraine.
"The total increase in the value of lots during auctions exceeded 100%," he wrote on Facebook on October 9.
Read alsoUkraine's property fund expects to get US$71 mln from sales of small-scale privatization facilities
"New 74 auctions with a starting price of more than UAH 420 million [$15 million] will take place soon," he said.
Auctions involving 151 facilities with a starting price of almost UAH 55 million ($2 million) did not take place, so the lots will be put up for repeat tenders with a 50% discount and the price will be increased incrementally, he said.
Facilities that are in a good shape and are located near big cities are sold first and their price grows by times, Trubarov said.
However, he said, the state owns many deserted facilities in industrial zones that are not popular because they require a lot of investment. "And the market price of such facilities will be determined either during a repeat tender or at a Dutch auction," he said.
As UNIAN reported earlier, the State Property Fund of Ukraine on March 28 approved a list of almost 660 facilities of small-scale privatization that are subject to sale in 2018.
Ukraine's Cabinet of Ministers on May 10 adopted a package of resolutions aimed at launching a small-scale privatization campaign in Ukraine.
In early July, ten electronic platforms were accredited for selling facilities of the small-scale privatization.
The State Property Fund on August 10 announced auctions to sell 147 small-scale facilities whose starting price was UAH 70 million ($2.5 million).
The SPF expects to get from UAH 1.5 billion ($53.4 million) to UAH 1.7 billion ($60.5 million) from the sale of the said assets.
Assets of the small-scale privatization are real estate, small businesses whose nominal value does not exceed UAH 250 million ($9 million).