External consultants presented the commission members with a report on possible ways to select an investor and their effectiveness. Following the discussion, the commission voted to use the competitive dialogue procedure.
Competitive dialogue is an internationally recognized method in the field of public-private partnerships, used when the project or competition conditions are complex and the optimal deal structure cannot be determined in advance. This mechanism allows the state to conduct successive rounds of negotiations with potential investors to ultimately select the most effective solution.
“Competitive dialogue allows us to run the process as transparently and clearly as possible for international investors. We demonstrate that even in wartime, Ukraine establishes transparent rules and ensures fair competition. This is an important signal to partners and a step toward economic recovery and integration into the European market,” said Aliona Shkrum, First Deputy Minister for the Development of Communities and Territories of Ukraine.
This procedure enables the state to receive more proposals from investors, ensures equal conditions for participants, and allows for the consideration of different business models.
“In the current conditions of uncertainty and challenges related to the war, competitive dialogue is the right and responsible decision. This format allows us to consider market input, form the most effective partnership model, and safeguard the interests of the state,” said Andriy Kashuba, Chairman of the Competition Commission and Deputy Minister for the Development of Communities and Territories of Ukraine.
The commission’s choice of the competition format effectively launches the next stage of work aimed at selecting an investor for the Port of Chornomorsk.
