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NEWS AND EVENTS
July 25, 2012
State Property Committee sums up 1H 2012 results
State Committee of Uzbekistan on management of state property summed up the result of the first half of 2012.

The press service of the committee said that the State Property Committee worked to implement important priorities, set by the President of Uzbekistan Islam Karimov at the session of the government.

As of 1 July 2012, the committee monitored activities of 805 privatized enterprises (269 joint stock companies and 536 LLC) with the state share in their charter capital. The state enterprises showed positive results in their activities.

In the reporting period, 789 enterprises (98%) received income, of which 556 (70.5%) posted the growth of income compared to the same period of 2011.

Rent Centers under territorial departments of the State Property Committee revealed 15,200 unused state-owned premises, of which 14,400 premises were rented (95.3%). This helped to create 32,000 new jobs (as of 1 July 2011 27,500 units).

Some 21.69 billion soums (official exchange rate 1USD=1900,62 UZS) were received from rent of state property in the first half of 2012. Of which 50% or 10.85 billion soums were directed to local budget and 8.69 billion soums to owners of the property.

In the reporting period, Uzbekistan realized 35 state assets for 13.58 billion soums, of which 7.31 billion soums were investment obligations of the investors. The investments will be directed to modernization of capacities, creation of new jobs, production of import-replacing goods. In line with execution of the governmental resolution from 8 July 2010, State Property Committee of Uzbekistan realized 22 objects with investment liabilities for 26.48 billion soums and US$67.8 million, which will allow to create 2,610 new jobs.

The committee also monitors execution of investment liabilities on 131 agreements on sales of state assets with total sum US$288.9 million and 84.2 billion soums, of which liabilities for US$194.1 million and 47.6 billion soums were executed.

In particular, investment liabilities for US$62.78 million (87.3%) and 11 billion soums (89.7%) were executed in the reporting period, including on objects sold on zero redemption price US$39.8 million and US$8.4 billion soums.

Total turnover of securities market (shares and corporate bonds) made up 985.2 billion soums in the first half of 2012 against 322.8 billion soums in the same period of 2011.

At the same time, total turnover of the securities market (shares and corporate bonds) reached 79.5 billion soums.

Besides, the volume of deals with corporate bonds made up 1.7 billion soums at the secondary market.

State Property Committee issued 11 licenses to carry out evaluation activity and 59 individuals received qualification certificates.

As of 1 July 2012, number of evaluation organization made up 131 (126 as of 1 July 2011 and number of qualified appraisers 593 (503).

At the same time, 148 individuals received professional certificates of exchange market participants. As of 1 July 2012, their number reached 6,027.

Qualification certificates of realtors were issued to 169 individuals, who passed exams. Some 32 licenses for conducting realtor activities were issued so far. As of 1 July 2012, number of licensed realtors reached 786 and realtor organizations 129. (Source: UzDaily.com)


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