On October 27 this year, Presidential Decree No-6096 “On Measures for Accelerated Reform of Enterprises with State Participation and Privatization of State Assets” was signed, which became a logical continuation of measures aimed at accelerating the implementation of economic reforms and reducing the role of the state in the country’s economy.
It should be noted that the created working groups headed by the Prime Minister of the Republic of Uzbekistan fully studied the activities of about three thousand enterprises with the participation of the state and developed proposals for a drastic reduction in the share of enterprises with the participation of the state in the economy and increase the efficiency of their activities, which formed the basis for the Presidential Decree.
The new document defines specific steps to implement the targeted program reforming state-owned enterprises, strengthening the position of the private sector in the Uzbek market, and as a result, is aimed at attracting a wide range of interested investors, from among domestic and foreign entrepreneurs.
On the Investment Portal of Uzbekistan, interested persons can familiarize themselves with a specific list of state assets that will participate in the process of denationalization and privatization of assets.The list includes 479 enterprises, the state block of shares (stakes) of which is fully sold to the private sector through public auctions, 62 objects of state assets put up for public auctions through targeted programs of pre-privatization preparation and increasing investment attractiveness and 15 real estate objects of state property sold to the private sector.
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