Uzbekistan State Property Committee sums up 2011 activity
Uzbekistan, Tashkent, Feb.3 / Trend, D. Azizov /
The Uzbek State Committee for State Property Management has sold 101 state-owned assets totaling $67.88 million sums in 2011.
Some $67.83 million and 43.74 billion sums of the total returns are investment commitments made by investors under sale contracts that envisage upgrading production, creating additional jobs, and increasing import-substituting product production.
In particular, 24 inoperative empty state property objects, including those with unfinished construction, were sold for a "zero" redemption cost with the adoption of investment commitments totaling $31.13 billion sums. In this case, investors assumed creating modern facilities and arranging more than 2,700 new jobs.
Roughly 34.2 billion sums were received from the lease of state property, which is almost 1.7 times higher than in 2010.
The official exchange rate is 1811.86 sums to $1 on Feb.3.