According to the State Property Committee, US$63.5 million and 7.64 billion soums of them were investment obligations, which were undertaken by investors within the agreement. The funds will be directed to modernization of capacities, creation of jobs and production of import-replacing products.

The largest number of the objects were realized through exchange (43.2%) and auction (29.5%) trades. At the same time, the size of deals on competitive trades rose 3.6 times the sum of exchange trades (7.3 billion soums against 2.06 billion soums).

Corporate management

As of 1 October 2010, the State Property Committee carried out monitoring of 782 (259 joint stock companies and 523 limited liability company) privatized enterprises with the state share in the authorized capital.

The analysis of financial-economic figures of the enterprises, which has state representatives, revealed positive results in their activities. On operative data, 98.2% (768) enterprises received income in the result of nine months of 2010, of which 56.4% (433) recorded the growth year-on-year.

State Property Committee in cooperation with the State Demonopolization Committee, regional administrations and Tashkent city administration developed regional programmes of rehabilitation of enterprises, which included 1,119 insolvent, low-income and idle enterprises. In the result of adopted measures, determined with business plans of the companies, 788 of them produced goods for 1.46 trillion soums and created 18,833 new jobs.

Renting state property

In line with the operative data, the Rent Centers revealed 8,391 unused state objects with the total areas of 1.4 million square meters, of which 947,000 square meters were rented in nine months of 2010. The active work is underway on revealing unused state-owned premises.

As of 1 October 2010, 10,700 rent agreements were signed. About 12.4 billion soums were received within the reporting period, according to operative data. Total area of unused state objects, offered for rent, makes up 452,800 square meters.

Investments

The volume of used foreign investments on privatized enterprises within the approved Investment programme made up US$10.4 million in nine months of 2010.

In nine months of 2010, the investment obligations on 79 agreements worth US$21 million and 18.55 billion soums were fully executed.

In the reporting period, the State Property Committee of Uzbekistan realized property of Qoqand Textile Plant to Singapore’s Indorama Industry Pte LTD. The investor undertook obligation to invest US$55 million to creation of textile production on processing cotton-fiber in 2010-2013.

Securities’ market

Total trade turnover of securities market (shares and corporate bonds) made up 1.23 trillion soums in nine months of 2010.

Objects for 18.7 billion soums were realized at organized market, including objects for 1.3 billion soums at preliminary organized market and 17.4 billion soums at the secondary market.

Appraisal and exchange activity

As of 1 October 2010, the number of appraisal organizations made up 114. Number of certified appraiser reached 492.

In the reporting period, three individuals underwent certification to receive certificate of professional participant of exchange market. Some 1,588 individual submitted applications to receive certificate, but 680 of them (630 of them on commodity direction and 50 on real estate) successfully passed attestations.