The State Asset Management Agency published a draft presidential decree for public input, which proposed to reform 13 large companies in which the government holds the controlling stake.
The document notes that there are great many inefficient poorly managed companies in which the government holds the controlling stake.
In addition, the exports volume and the degree of using of capacities of these companies, as well as the quality of produce, services is quite low. The lack of systematic work on the introduction of energy-saving equipment affects the high production costs and leads to a lower degree of their competitiveness.
In order to reduce the state’s stake in the economy, create conditions for the development of the private sector, develop a competitive environment by creating equal conditions for enterprises of all forms of ownership, increase the efficiency of enterprises with state participation, they have been inventoried and studied.
By May 1, it is proposed to approve a “road map” for reforming enterprises with state shares in 2020–2021, providing for the creation of project offices:
List of companies to be reformed Year of reform
1 Uzbektelecom 2020
2 Uzbekistan Railways 2020
3 Uzmakhsusmontajqurilish 2020
4 Uzdonmahsulot 2020
5 Uzbekoziqovqatholding 2020
6 Uzavtosanoat 2021
7 Uzagrosanoattechholding 2021
8 Uzagrokimyokhimoya 2021
9 Toshshahartranskhizmat 2021
10 Uzpakhtasanoat 2021
11 Uzagroservice 2021
12 Uzkimyosanoat 2021
13 Uzbekkino 2021
In addition, in 2020 it is proposed to take measures on privatization and restructuring of 822 state-owned companies, of which 781 will be privatized, and 41 state unitary enterprises will become business entities.
