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Turkmenistan puts up state property for sale

Business Materials 30 May 2018 17:24 (UTC +04:00)

Ashgabat, Turkmenistan, May 30

By Huseyn Hasanov– Trend:

The Turkmen Economy and Development Ministry held an auction for the sale of state property at 10:00 (GMT + 5 hours) May 30, 2018 at the following address: 156 Archabil Avenue, Ashgabat.

Livestock farms, stores, carpet and textile factories, construction and industrial facilities were among the objects put up for the auction.

Citizens of Turkmenistan and foreign countries, as well as private legal entities of Turkmenistan and legal entities of foreign countries, who made bids in the prescribed form, as well as paid special fees, were allowed to participate in the auction.

In general, foreign legal entities, international organizations established under the legislation of foreign states, their permanent missions and branches in Turkmenistan can participate in the denationalization of state property and privatization of state property only with a conclusion of the Agency for the Protection of the Economy from Risks under the Turkmen Economy Ministry.

For more information, please call: (+99312) 39-46-73, 39-46-75.

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