Fund for assisting privatized enterprises created in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan will create the Fund for assisting privatized enterprises under the State Committee on assisting privatized enterprises and developing competition.

President of Uzbekistan Shavkat Mirziyoyev signed a decree “On foundation of the State Committee of Uzbekistan on assisting privatized enterprises and developing competition” on 18 April 2017.

According to the decree, the Fund is created on the base of the Fund of receipts from the privatized state enterprises. The fund will keep its funding sources.

The fund will provide resources for practical support of privatized enterprises, realization of investment projects and organization of training of the businesspersons.

President also determined additional resources for supporting privatized enterprises.

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