In Uzbekistan, large state-owned enterprises will be privatized in international markets. A corresponding presidential decree was adopted on April 21.
According to the document, a block of shares (stakes) in the authorized capital of 29 large enterprises with state participation will be put up for public auction with the involvement of reputable international professional consultants.
A primary (IPO) and (or) secondary (SPO) public offering of a block of shares in the authorized capital of a large enterprise with the participation of 12 states will be held on international and local stock markets.
Below are the enterprises that will be put up for auction with a sale share:
Universal Mobile Systems LLC - 100%;
UzAuto Motors JSC - 99.7%;
UzAuto Motors Powertrain JSC - 100%;
JSC "Uzbekinvest" - 75.24 percent;
JSC "Uzagrosugurta" - 99.35 percent;
Uzbekistan GTL LLC - 100%;
JSC "Uzbekgidroenergoqurilish" - 96.7%;
JSC "Transgazmaxsusqurilish" - 77.6%;
JSC "Maxsusenergogaz" - 41 percent;
Turakurgan, Yangi Angren, Angren, Syrdarya, Tashkent, Navoi, Takhiatash TPP - 100%;
Mubarek and Fergana Thermal Power Plants - 100%;
Technopark LLC - 100%;
Uzbek Leasing International JSC - 45.5%;
JSC "Uzagrolizing" - 97.5%;
LLC "Tashkent Tractor Plant" - 100 percent;
Sherobod Cement Plant LLC - 100 percent;
JSC "Yulqurilish" - 100 percent;
JSC "Uzsuvkurilish" - 100 percent;
Shargunkumir JSC - 99.93%;
JSC "Uzmetkombinat" - 91 percent;
JSC "Navoiazot" - 75 percent.
By July 1, 2025, the Ministry of Energy will announce open public auctions of thermal power plants in the international market on the basis of a guarantee for the minimum amount of fuel supply.
In addition, by December 1, 2025, the development of a Strategy for the Reform and Privatization of State Enterprises until 2030 will be ensured.
