Uzbekistan announces start of selection process for consultants to privatize state assets
The state-owned Uzbek company UzAssets announced on February 25 the start of the selection process for consultants to privatize state-owned shares in more than a dozen companies in various sectors of the economy.
The state-owned Uzbek company UzAssets announced on February 25 the start of the selection process for consultants to privatize state-owned shares in more than a dozen companies in various sectors of the economy.
According to UzAssets, established last year under the State Asset Management Agency to speed up the privatization process, the list of companies includes the country's second-largest Ferghana oil refinery, several chemical companies and wine and vodka factories.
Bidders must submit their bids no later than 18:00 Tashkent time on March 3, 2021, the report says.
Last year, Uzbekistan announced its massive privatization programme, involving the full or partial privatization of more than 620 state-owned companies and property, to accelerate the Central Asian country's transition to a market economy.
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