BAKU, Azerbaijan, June 2
By Ilkin Seyfaddini - Trend:
Government of Uzbekistan is to put 100 percent of the state share in Nukus Polimer LLC, located in Karakalpakstan Autonomous Republic, for online bidding, Trend reports citing the State Asset Management Agency.
The starting price of the stake is 70.1 billion soum ($6.9 million). The company produces plastic pipes for gas supply and sewerage systems from local raw materials.
Nukus Polimer was launched in August 2017, and 27.1 billion soum ($2.67 million) was invested in construction of the plant.
In early May, 2020, Uzkimyosanoat extended terms of sale of controlling stakes in two chemical fertilizers plants: Ferghanaazot and Dehkanabad.
The controlling interest in these enterprises (51 percent) is offered to investors with a condition of taking investment obligations.
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