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Economy 16/08/2025 Uzbekistan Launches Open Bidding Process for “Boysunkumir” LLC

Uzbekistan Launches Open Bidding Process for “Boysunkumir” LLC

Tashkent, Uzbekistan (UzDaily.com) — The Agency for State Assets has announced the start of an open bidding process for 100% of the state-owned share in the charter capital of Boysunkumir LLC.

The privatization process is being carried out within the framework of relevant programs and organized with the involvement of the consultant company Alkes Research LLC.

The asset is located in the Baysun district of Surkhandarya region and holds the right to mine coal at the “Southern” section of the Boysun coal deposit until 2055.

Privatization is conducted in two stages: Expression of Interest (EoI) and Binding Offer (BO) submission. During the EoI stage, participants provide information about their company, shareholders, ultimate beneficiaries, and financial statements for the last three years. Applications are accepted until 23:59 Tashkent time on 20 September 2025.

After the EoI stage, a list of participants eligible for the next stage will be formed. Applicants moving on to the BO stage will sign a Non-Disclosure Agreement (NDA) and gain access to the Virtual Data Room (VDR), which contains financial, tax, and legal reports, as well as the opportunity to visit the asset.

Submission of a Binding Offer requires a guarantee payment of at least 1% of the proposed bid amount.

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