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Over 270 state assets privatized in Uzbekistan in 1H
Over 270 state assets privatized in Uzbekistan in 1H

Over 270 state assets privatized in Uzbekistan in 1H

Tashkent, Uzbekistan (UzDaily.com) -- About 274 state assets were realized to private sector in the first half of 2015 for 66.94 billion soums with investment obligations for US$19.32 million and 165.733 billion soums, the press service of the State Competition Committee said.

According to the committee, about 154 state assets were realized on zero redemption price for investment obligations for US$19.32 million and 154.187 billion soums.

The funds will be used to modernize production capacities and increase production of import-replacing products, as well as creation of new jobs.

Currently, 1,167 states assets are offered for sale at public trades, including 452 objects on zero redemption price. The prices for 257 of 715 were decreased.

Over 42.5 billion soums were received due to all sources in the reporting period, of which 14.64 billion soums were directed to the state budget.

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