Shavkat Mirziyoyev reviewed a presentation of proposals to reduce the state’s presence in the economy and accelerate privatization processes.
In an interview with O’zbekiston 24 TV channel, Director of the State Assets Management Agency Sokhibjon Murodov stated that in order to reduce the state’s share of the economy to 15%, it plans to privatize an additional 67 large enterprises, sell 1,000 real estate properties to the private sector, and auction off 3,500 hectares of land for business activities.
According to him, numerous proposals were received during discussions with entrepreneurs and following surveys. Specifically, they proposed providing land plots based on existing business projects with the necessary permits.
At the meeting, the president ordered the sale of state property worth 35 trillion soums and revenues of 13.5 trillion soums by the end of the year, of which 12 trillion soums will go to the budget, Murodov said.
Furthermore, instructions have been issued to increase the responsibility of regional authorities in privatization processes. Specifically, district khokimiyats will be responsible for attracting investors and supporting buyers for each property and enterprise located within their territory.
By freeing up space and optimizing it, it is planned to put approximately 5 million square meters of real estate up for auction for sale or lease.
The English version of this material was generated with the assistance of AI translation tools and may differ slightly from the original text.
