Economy

Uzbekistan realizes 70 state assets in 2009

Uzbekistan realizes 70 state assets in 2009
Uzbekistan realizes 70 state assets in 2009
Tashkent, Uzbekistan (UzDaily.uz) -- About 70 state assets were realized in Uzbekistan in 2009. Total sum of deals made up 22.25 billion soums, including 5.64 billion soums of investment obligations, the State Property Committee said.

The committee said 34.8% of assets were realized through exchanges, 33.3% through auctions and 14.5% through tenders.

Volume of actual used foreign investments on privatized enterprises within Investment Programme for 2009 made up US$32.63 million or up 4.1% compared to annual forecast.

The committee said investment obligations on 142 deals for US$57.89 million and 19.13 billion soums were fully executed.

Foreign investors implemented their obligations on 10 agreements for US$25.46 million and 1.2 billion soums. Local investors realized 74 agreements worth US$34 million and 11.9 billion soums.

State assets were realized on 58 agreements on zero redemption price with total sum of US$32.4 million soums and 6.026 billion soums.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.