Ministers in Uzbekistan will have deputies for digitization and privatization, director of the State Assets Management Agency Akmalkhon Ortiqov said in an interview to Uzbekistan 24 TV channel.
According to him, at the meeting on 17 October, president Shavkat Mirziyoyev outlined key tasks and mechanisms aimed at boosting privatization efforts in the country, where the state still holds a major share in large companies and banks.
“The president said that 2025 will be the year for attracting the private sector in all areas. State institutions and enterprises [should] determine how they will involve the private sector and identify which assets they will privatize,” Akmalkhon Ortiqov said.
In 2025, state companies, ministries and other government bodies should attract private sector, introduce public-private partnership mechanisms and sell unnecessary objects they own, he added quoting the president.
“[Shavkat Mirziyoyev] instructed to speed up transformation processes at large enterprises and enter international markets, as well as reduce costs and improve labour efficiency,” the agency head said.
It was reported earlier that the National Investment Fund is being set up in Uzbekistan, which will acquire stakes in 18 state-owned companies and banks and float its shares on the stock market. These include Uzbekistan Airways, Uzbekistan Airports, Thermal Power Plants, National Power Grids, Hududgazta’minot (Regional Gas Supply) and others.
