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Uzbekistan sells number of its large enterprises as part of privatization program

Uzbekistan 18 January 2022 19:55 (UTC +04:00)
Uzbekistan sells number of its large enterprises as part of privatization program

BAKU, Azerbaijan, Jan.18

By Natavan Rzayeva - Trend:

The Uzbek authorities have sold three large enterprises as a part of the state privatization program, Trend reports referring the Uzbek State Assets Management Agency.

These enterprises include the Poytaht business center, the Malika shopping complex and the Beldersay recreation area.

The Poytaht business center was acquired by the UAE’s Quadro IH DMCC. The deal was worth 164 billion soums ($15.1 million).

The Malika shopping complex in Tashkent city of Uzbekistan was purchased by the Uzbek Premium Prime Service company for 125 billion soums ($11.5 million)

The Beldersay recreation area, located in the Tashkent region of Uzbekistan, was acquired by the Uzbek Ulkan Mulk company for 107 billion soums ($9.8 million).

Previously, the State Assets Management Agency of Uzbekistan has put up for sale a state share in the capital of Hyatt Regency Tashkent hotel as well as a 99.02 percent state share in the capital of Uzbek Ferganaazot JSC.

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Follow the author on Twitter: @NatavanRzayeva5

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