State Assets Management Agency signs memorandum with Turkish business council

The document was signed by the agency's director, Sohibjon Murodov, and the council's chairman, Ozgur Onur Ozguven. The memorandum stipulates that Turkish companies will receive information on the progress of privatization, while the sides will begin exchanging investment proposals and establish systematic engagement. A dedicated panel session for Turkish investors is planned for December to showcase Uzbekistan's state assets and the terms for their purchase.

According to Murodov, in compliance with a presidential decree, state shares in 84 enterprises, 1,242 real estate properties, and nearly 8,000 hectares of land will be put up for auction in 2026–2027. The total value of the lots, according to him, amounts to almost 100 trillion soums. A buyer who pays within six months receives a 25% discount, no interest is charged with an installment plan of seven years, and reconstruction of a facility can begin after paying at least half of its cost. According to UzA, in recent years Turkish investors have purchased more than 30 state assets in Uzbekistan worth nearly $366 million.

Ozguven also held talks at the Chamber of Commerce and Industry of Uzbekistan with the deputy chairman of the chamber, Akmaljon Mamajonov, UzDaily reports. The sides discussed the participation of Turkish companies in the international forum "New Uzbekistan — Crossroads of Global Opportunities," which will be held in Tashkent from November 29 to December 5, as well as a possible joint meeting of the business council and the chamber in Ankara, which may take place on the sidelines of the upcoming meeting of the Intergovernmental Commission.