Tuesday, 02, March, 2021

At the Wednesday government meeting, Shavkat Mirziyoyev instructed the Deputy PM/Minister of Economic Development and Poverty Reduction Jamshid Kuchkarov and Director of the State-Owned Assets Management Agency (SAMA) Akmalkhon Ortikov to expedite the privatization of companies where the state owns stakes.

“The activities of Kuchkarov and Artikov will be assessed in terms of a threefold reduction of enterprises with a state’s stake,” Shavkat Mirziyoyev undescored.

He instructed them to ensure the sale of 12 facilities by the end of March, including the Beldersay and Charvak resorts in Tashkent province, the Poytakht business center and the Malika home appliances/technology market in Tashkent...

Akmalkhon Ortikov was also instructed in April to ensure the sale of state’s stakes in 18 enterprises, including Kvarts, Jizzakh Plastics and Kafolat.

By the end of the first year-half, the budget will have to receive 1 trillion soums from these sales, the president instructed.

Latest in Economy