The State Assets Management Agency has commented on the progress of the privatisation of the aircraft refuelling complex at Tashkent Airport.
The process of accepting expressions of interest (EoI) in purchasing the asset began on 22 September. International consulting firm Ernst & Young (EY) was appointed as an adviser to organise the tender, marketing and information campaigns.
As of the end of 23 October, the adviser had received expressions of interest in the asset from five investors.
All applicants will be assessed against established criteria, including:
- sufficient financial capacity;
- compliance with anti-money laundering legislation;
- absence of sanctions imposed by the United States, the European Union or international financial institutions.
Candidates that meet the requirements will be invited to the next stage of the process — the submission of binding offers (BO). The agency said it would keep the public informed about the progress of the tender and thanked all parties that had expressed interest.
The aircraft refuelling complex is located in Tashkent’s Sergeli district, along Qumariq Street. The site covers a total area of 11 hectares, while the buildings and facilities occupy 6,076 square metres.
According to the agency’s earlier announcement, bidders advancing to the second stage will receive a Process Letter outlining the procedure. They will also sign a non-disclosure agreement (NDA), after which they will be granted access to a virtual data room and the consultant’s due diligence reports.
Before submitting an offer, applicants must pay a deposit of at least 1% of their proposed bid amount through the E-auksion platform. They will also be required to sign a Term Sheet outlining the key terms of the transaction.
The English version of this material was generated with the assistance of AI translation tools and may differ slightly from the original text.
