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Economy 04/11/2024 Sale process for 94.9% stake in Uzagrosanoatloyikha begins

Sale process for 94.9% stake in Uzagrosanoatloyikha begins

Tashkent, Uzbekistan (UzDaily.com) — The Agency for State Asset Management of Uzbekistan (AUGA) has initiated an open sale process for a 94.9% stake in Uzagrosanoatloyikha LLC.

To ensure the privatization is conducted based on best international practices, Abrau Capital has been engaged as a privatization consultant, selected through a competitive bidding process.

Uzagrosanoatloyikha LLC specializes in project activities, focusing on the design of enterprises for the production and processing of agricultural products, farming infrastructure, and residential and social facilities. The company’s authorized capital amounts to 182.7 million soums.

The sale process will occur in two stages, including an Expression of Interest (EOI) phase and a binding offers (BO) collection phase.

Applications for expressions of interest will be accepted until 18:00 (Tashkent time) on 5 December 2024.

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