The draft was developed by the Ministry of Economy, and the discussion will last until February 7, 2026.
As part of the project, it is proposed to clarify the procedure for determining the market value of state property being transferred to investors in accordance with investment agreements concluded between the Cabinet of Ministers and investors through direct negotiations.
According to the proposed amendments:
- the market value of such objects will be determined taking into account the terms of the investment agreement, including the composition and volume of rights transferred to the investor, as well as the obligations of the parties and other conditions;
- the use of recommendations from the owner of state property regarding the value of the object, the value of the investment project, and other indicators as auxiliary information may be allowed;
- it is clarified that taking into account the terms of the investment agreement does not lead to attributing a specific value to investment, special, or other non-market value;
- it is also proposed to supplement the standard for the valuation of real estate so that the appraiser considers the economic impact of the terms of the contract (including the rights and obligations transferred) when valuing real estate that is alienated under investment agreements.
In addition, it is planned to add to the requirements for the content of the valuation report that the report necessary for the implementation of the investment agreement must include:
- the composition and volume of rights to be transferred to the investor;
- the composition and volume of obligations of the parties;
- the calculation of costs related to the investor.
