Tashkent, Uzbekistan (UzDaily.com) - The President of Uzbekistan Shavkat Mirziyoyev stressed the need for a radical review of state participation in more than 500 markets and shopping malls. Currently, 23 of them are unprofitable, 210 have low profitability.

“In such conditions, the transformation of markets into centers not only for trade, but also for recreation and entertainment will give a good economic effect. For this, appropriate projects will be developed and a competition announced among investors. The winner of the competition will receive a bank loan on the best terms,” the press service of the head of state said.

In addition, if market revenues grow, and tax revenues and the number of jobs increase regularly, the entrepreneur will be able to buy out the state share of the market in installments.