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Turkmenistan to auction number of state-owned properties

Turkmenistan Materials 4 April 2022 15:30 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, April 4. The Ministry of Finance and Economy of Turkmenistan has announced a regular auction for the sale of 15 state-owned property, Trend reports via Business Turkmenistan news agency.

According to the information, the auction will take place on April 20, 2022, in the building of the Ministry of Finance.

It is reported that the objects belong to the Ministry of Trade and Foreign Economic Relations, the Ministry of Agriculture and Environmental Protection, State Committee of Water Management, Türkmenawtoulaglary Agency, Türkmenhaly State Association, Türkmenhimiýa State Concern, as well as Dashoguz, Lebap and Mary regions.

Citizens of Turkmenistan and foreign states, as well as non-state legal entities of Turkmenistan and other countries, who have submitted an application in the prescribed form, have made a deposit and a special fee, and have passed registration for taking part in the auction, are allowed to participate in the auction in accordance with the procedure established by law.

Foreign legal entities, and international organizations established in accordance with the legislation of foreign states, their permanent missions, and branches in Turkmenistan can participate in the denationalization and privatization of state property only if there is an opinion of the Agency for the Protection of the Economy from Risks under the Ministry.

Acceptance of applications and registration of participants is carried out by the Ministry of Finance and Economy of Turkmenistan from the date of publication of the announcement of the auction and ends 24 hours before the start of the auction. Registration of participants begins on the day of the auction at 9:00 (GMT + 5).

Consultations on the procedure for participating in the auction and additional information on privatization objects can be obtained from the department of property relations and support of entrepreneurship of the Ministry and specialized departments of the department of finance and economy of the regions and the city of Ashgabat.

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