These provisions are
outlined in the new procedures being introduced into the privatization process
of state assets.
According to the new
mechanism, the deadline for publishing an auction announcement will be
shortened from 30 days to 15 days, and for repeated sales, from 10 days to 5
days.
If a state asset remains
unsold in open trading for 3 months, its starting price will be gradually
reduced by up to 10 percent.
A "hybrid
auction" mechanism will also be introduced for unsold properties. Under
this system, bidding initially begins with a price-reduction procedure. As soon
as a buyer places a bid, the auction continues upward from that price.
Certain objects that have
not found buyers for a long time will be put up for sale with a starting price
of 1 million soums to reintegrate them into economic circulation.
According to the plan, in
2026, 1,242 real estate properties with a total value of nearly 100 trillion
soums, state shares in 84 enterprises, and 8,000 hectares of land plots will be
offered to the private sector.
The purpose of the changes
being introduced is not merely to sell state property, but rather to return
unused resources to real market participants through flexible trading
mechanisms.
