Tashkent, Uzbekistan (UzDaily.com) — The Agency for State Asset Management of the Republic of Uzbekistan has announced an open tender to select a professional consulting firm to oversee the privatization of two major coal enterprises: Shargʻunkoʻmir JSC and Boysunkoʻmir LLC.

This initiative is being carried out in line with Presidential Decree No. PP-145 dated April 21, 2025, and forms part of a broader national program aimed at reforming and liberalizing Uzbekistan’s mining sector.

Under the terms of the tender, the selected advisor will be tasked with developing a comprehensive privatization strategy, tailored to the specific characteristics of both companies and the coal industry as a whole.

The planned offering includes:

99.93% of shares in Shargʻunkoʻmir JSC

100% of the charter capital of Boysunkoʻmir LLC

The consultant will be responsible for determining the optimal privatization method, conducting investor outreach, and analyzing institutional investor interest.

Authorities stress that the privatization process must follow best international practices and comply strictly with Uzbekistan’s legal framework. If necessary, dedicated working groups may be established at the enterprise level, and the consultant is expected to coordinate closely with both local and international experts.

Applications are open until 18:00 Tashkent time on June 25, 2025. Consortium bids are permitted, provided a lead consultant is clearly designated to manage and coordinate the entire process.