On June 28, 2013 at the National Press Center of Uzbekistan has been held a press conference on the topic: \"On implementation of the program on privatization of state property, as well as the introduced opportunities for foreign investors\".



The event was attended by leaders and senior officials of State Committee of the Competition, representatives of the media.

It is known that the purpose of privatization - is to increase the efficiency and the share of the private sector. On this basis, the deepening of the privatization process, the reduction of state presence in the economy and increasing the role and value of private property remains as the top priority of social and economic development in the future.

During the years of independence, carried out an extensive work on the privatization of state property, mainly its realization to the private property. As a result, changed the form of ownership of more than 31 thousand state enterprises and objects.

One of the main challenges facing the State Committee of the Competition is the development and implementation of systematic measures to deepen the process of privatization, the implementation of the private ownership of state-owned assets and shares (stakes) in the statutory funds of economic entities, the introduction of new forms and methods of privatization to ensure openness and transparency sale of state property to private owners, and monitoring the implementation of the received investment commitments by investors.

As a result of measures taken to reduce the presence of the state in the economy and the scale of private property in the private sector during the first half of this year, the state sold 55 assets total amounting 481.3 million soums (Currency rates of CB from 01.07.2013 2$=2096.19 soums), 10481.3 million soums with the adoption of investment obligations in amount of 1960.0 million soums on sales contracts providing modernization of production, creation of new jobs, increased volume of import-substituting products. At zero cost to the specific investment commitments are sold 28 objects for a total of 34.1 billion soums and $1.4 million, which on the basis of new businesses have been created more than 1,200 additional jobs.

In addition, by the Resolution of the Cabinet of Ministers from May 31, 2012 “On additional measures on ensuring the rational use and running objects of the state property” approved the list of 1187 objects of the social significance and defined measures on their rational use.

Has been implemented the monitoring of 155 contracts on sale and purchase of state assets , on which at present have been conducted investment liabilities on amount of $243 million and 124,5 billion soums.

In result of adopted measures in analyzed period ensured realization of the investment liabilities on amount $33,9 million and 8,4 billion soums, including on agreements with redemption cost on amount $27,7 million and 1,2 billion soums; with zero redemption value at $6.2 million and 7.2 billion soums.

Completely made investment commitments on 4 contracts worth a total of $35.3 thousand and 1.2 billion soums, resulting with creation of more than 750 new jobs. Thus, the investment commitments of FE Ltd «BF TEXTILE PRODUKTION» on the organization of modern spinning and knitting enterprises, processing capacity of not less than 12 thousand tons of cotton per year compose $19.2 million. At present, the investor introduced more than $19.2 million and created more than 300 new jobs.

At the end of the press conference employees of the State Committee on Competition answered the questions of media means. (Source: Uzreport Agency)