On behalf of the President of Ukraine, the Cabinet of Ministers of Ukraine at a meeting on March 31 approved the charter of the "National Investment Fund of Ukraine" ("National Investment Fund"), which will prepare and implement investment projects
The purpose of the National Investment Fund is:
📍creation of favorable conditions for the implementation of large-scale investment and socially significant projects;
📍development of international economic cooperation;
📍growth of Ukraine's competitiveness.
According to the charter, the fund will attract funds for the implementation of investment projects, provide their preparation and financing. The fund will also manage property in accordance with the law, create investment funds and participate in them.
In addition, in the field of the fund's activity - participation in joint activities and socially significant projects.
According to a government decree, the Ministry of Economic Development, Trade and Agriculture of Ukraine must develop a draft law on the National Investment Fund within a month, which will provide mechanisms for creating joint investment projects with sovereign wealth funds of other countries.