According to the Central Bank of Uzbekistan, in line with the presidential decree “On measures on further increasing financial sustainability of enterprises of real sector of economy” from 18 November 2008, the commercial banks acquired 173 bankrupt or insolvent enterprises.
These enterprises were re-equipped with modern technologies, which allow them to produce competitive products in internal and external markets.
The commercial banks directed investments for 569.1 billion soums to rehabilitate these enterprises, the Central Bank said.
In the result, these enterprises produced goods for 2.78 trillion soums and exported products for US$728.5 million.
According to latest data, about 116 enterprises were realized to new owners. These companies created new 20,000 new jobs.