Transparent Sale of Public Assets in Ukraine

Transparent Sale of Public Assets in Ukraine

Summary

Three years ago, no one knew how many vacant square meters of public property existed or how to lease them without bribes. Today, an electronic trading system Prozorro.Sale contains information about every asset available for rent and a clear way to bid online. More than 10,000 auctions have been held, generating revenues of more than 37 million USD per year to budgets. It turned abandoned assets into productive ones, opening business access to investment opportunities and allowing civil society organisations to monitor the integrity of the transactions, thereby earning more trust in the privatization process.

Submitted by: OGP Ukraine

Ukraine has been a member of OGP since 2011.

This commitment received first place in the 2021 OGP Impact Awards for the Europe region.

Additional Resources

• OGP Commitment Page: Ensuring Openness and Transparency of Selling Public Assets and Property
• OGP Member Page: Ukraine