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Turkmenistan to hold auction on state property sale

Business Materials 22 July 2019 09:30 (UTC +04:00)

Ashgabat, Turkmenistan, July 22

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On 8 August 2019, the Ministry of Economy and Development of Turkmenistan will hold an auction for the sale of state property at the address 156 Archabil Avenue, Ashgabat, Turkmenistan.

The list of auctioned facilities includes a livestock farm, shops, carpet and textile factories, and construction and industrial enterprises.

Citizens of Turkmenistan and foreign states as well as non-state legal entities of Turkmenistan and legal entities of foreign states who have submitted an application in the prescribed form, paid a deposit and a special fee, and registered for participation in the auction within the prescribed period are allowed to participate in the auction.

Foreign legal entities, international organizations established under the laws of foreign countries, their permanent missions and branches in Turkmenistan can participate in the denationalization of state property and the privatization of state property only with the conclusion of the Agency for the Protection of the Economy against Risk under the Ministry of Economy of Turkmenistan.

All auction participants are given the opportunity to get acquainted with the object of privatization.

Telephone: (+99312) 39-46-09, 39-46-75.

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