International Investors Show Interest in Privatisation of Tashkent City

The Agency for State Assets Management (AUGA) has granted permission to four investors from the EU, UAE and Turkey to proceed with the privatisation of three business centers in Tashkent City, as reported by the organisation’s press-office.

The properties being offered for sale are owned by Alokabank, Asakabank and Uzpromstroybank.

KPMG provides consultancy for the deal, while Deloitte is responsible for the appraisal. Investors can expect to receive further details regarding the upcoming stage of privatization.

The binding offers (BO) for the acquisition of assets are being accepted until 25th November.

The AUGA announced the start of business center sales in early August.

The building owned by Uzpromstroybank has a total area that exceeds 82,200 square meters. Additionally, the Alokabank and Asakabank business centers have areas of more than 81,400 and 66,200 square meters, respectively.

Kursiv Uzbekistan reports stated that the privatization of Invest Group Centre, which manages the Yoshlik sports complex, started in early October.