Financial Recovery and Pre-Privatization Preparations Begin at Navoiazot

According to the director of the Agency for Management of State Assets, Sokhibjon Muradov, who reported on 8 October, financial recovery and pre-privatization preparations have begun at the Navoiazot chemical plant.

The head of the Agency noted that the enterprise is among the strategically important assets of the chemical industry. Considering its location and infrastructure in the surrounding area, it is planned to form a large chemical cluster.

During the financial recovery, non-core assets will be withdrawn from the company's balance sheet to create a "clean asset". The transition to the next stage of privatization will be considered only after these procedures are completed.

The sale of the state's 75% stake in Navoiazot is provided for by the presidential decree of April 2025 on the privatization of large assets on international markets. The implementation of the package is planned to be carried out according to a separate schedule, which is approved by the State Commission for Privatization.