Agricultural engineering enterprises to be transferred to trust management
11/07/2020 13:05
Agricultural engineering enterprises to be transferred to trust management
11/07/2020 13:05
Tashkent, Uzbekistan (UzDaily.com) -- The Cabinet of Ministers of Uzbekistan adopted a resolution No. 430 “On measures to improve the efficiency of agricultural engineering organizations” from 8 July 2020.
The document defines the following main directions for the further development of agricultural engineering:
reviewing the types of products and their unification, improving quality, reducing costs and increasing the profitability of agricultural machinery organizations;
in accordance with the Strategy for the Development of Agriculture of the Republic of Uzbekistan for 2020–2030, the development and implementation of a new strategy for the development of agricultural machinery, providing for a modern financing system, marketing policy, the provision of after-sales and after-sales services, involving, if necessary, a foreign consulting company;
critical review of investment programs, localization and import substitution programs, and making proposals to the Cabinet of Ministers;
the implementation of measures to satisfy domestic demand for manufactured products and the development of intersectoral cooperation with enterprises in the electrical, automotive and other industries, as well as with business entities;
introduction of a compliance control system to fight corruption, taking measures to attract investors to the industry;
the organization in the regions of a dealer service system for the provision of integrated services, the formation of orders for agricultural machinery with wide involvement, on the basis of public-private partnership, of business entities;
conducting an inventory of non-core and unprofitable assets with their subsequent transfer to the State Assets Management Agency for privatization in the prescribed manner.
The State Assets Management Agency was instructed to transfer to the trust management of Uzavtosanoat the shares (shares) of the economic entities of Uzagrotechsanoatholding according to the approved list, in particular:
100% of the shares (shares) of the Tashkent Agricultural Equipment Plant (JSC “Toshkent Kishlok Khuzhaligi Tekhnikiasi Zavody”);
99.3% of the Aggregate Plant;
98.8% of Technolog;
89.6% of the Chirchik plant of agricultural machinery;
99.6% of the Design and Technology Center;
100% of shares of Uzagrosanoatmashinvest.
The document stipulates that state shares in the authorized capital in the amount of 26% of Urgenchkormmash and 2.7% of Agrotech-lit will be put up for auction, and the enterprises Agrotechmash-DD and Agromash sanoat invest will be liquidated.
The resolution spells out the approval within a month of the new organizational structure of Uzavtosanoat, the creation in the structure of Uzavtosanoat, specialized for the industry, management companies in the form of limited liability companies, with 100% participation, with the right to use the UzAuto brand.
The powers, tasks of trustees, the conditions and procedure for remunerating their activities are determined.
The trustee, together with interested ministries and departments, and previously engaged consulting companies, was instructed to develop a program for the development of the agricultural machine-building industry within one month, providing for:
optimization of manufactured types of machinery, creation of a national brand of agricultural machinery manufactured on the basis of a single platform;
the expansion of types of equipment for horticulture, vegetable growing and animal husbandry, the production of small-scale mechanization products for agriculture and an increase in the total volume of production;
the introduction of modern methods of corporate management, an automated accounting system "ERP", modern production and quality management systems based on marketing research and others.
The proposals of the Ministry of Economic Development and Poverty Reduction and the State Assets Management Agency on the determination of dividends on shares of Uzavtosanoat at the end of 2019 in the amount of 30% of net profit, and their payment without interest and interest, were confirmed by 31 December 2020.
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