OREANDA-NEWS. On December 05, 2008 The Ministry of Transport and Communications of Ukraine has elaborated and proposes for public consideration a draft resolution of the Cabinet of Ministers of Ukraine in terms of approving a tender procedure with elements of an auction tied to attracting of investors for building and reconstruction of objects of enterprises of the transport domain.

The order stipulates demands to setting up and operating of tender commission, tender procedure, submitting and considering applications to participate in it, defining candidates, considering of tender propositions of the participants, holding of assembly of participants, defining the winners and conditions under which the tender is considered as invalid.

Pursuant to the proposed procedure a decision on holding the tender is envisaged to adopt by the Cabinet of Ministers of Ukraine based on propositions of the Ministry of Transport and Communications.

On the outcomes of the tender with elements of auction among the potential investors an enterprise-customer shall conclude agreements with the winners.

Adopting of the draft ordinance will regulate the procedure of holding the tender with elements of auction and will enable to conclude economically grounded investment procedures with the winners. In such a way transparent mechanisms of attracting of investment funds directed to the development of enterprises of the branch will be acting.

The specialists of the Ministry of Transport and Communications opine that approving of the act appears an effective method of drawing of investment funds for building of objects of the transport domain. This would enable to remove flaws in legislation concerning the procedure of defining investor, to regulate relations between investors and respective subjects of economy in the transport area, to avoid a number of contradictory issues in the process of defining the winner.