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The practice of selling state property for "1 soum" will be abolished
The practice of selling state property for "1 soum" will be abolished

The practice of selling state property for "1 soum" will be abolished

Tashkent, Uzbekistan (UzDaily.com) -- Amendments and additions were made to some legislative acts by the presidential decree.

In accordance with the amendments, the followings are canceled:

the practice of selling state-owned real estate objects at "zero" purchase value with the acceptance of investment obligations by regional khokimiyats;

the procedure for placing public facilities for public auction on the basis of social obligations at a starting cost of “1 soum”.

 

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