Uzbekistan to speed up selling of state owned business to private sectorChristian Fernsby ▼ | October 28, 2020
Uzbek President Shavkat Mirziyoyev has approved a list of state owned properties and enterprises to be sold to the private sector to speed up the privatization process, a presidential decree said.
Nearly 300 enterprises with state shares in such sectors as oil and gas, food, media and information technology will be sold fully to the private sector, Uzbek Justice Ministry said.
Since Mirziyoyev took office, Uzbekistan has taken a series of measures to promote economic reforms, including liberalizing its foreign exchange market, reducing taxes and offering preferential treatment to foreign investment. ■