The presidential signed the Creating of National Investment Fund of the Republic of Uzbekistan Decree. The following have been defined as the main goals of the Fund:
- increasing the market value of the Fund's net assets;
- placement of Fund shares in the major foreign stock exchange;
- attract major international institutional investors to attract investments to the Fund's assets and participate in their privatization processes;
- implementation of the Organization for Economic Cooperation and Development corporate governance standards, transition to international financial reporting standards, participation in the introduction of environmental, social and corporate governance (ESG) standards in the Fund's investment assets.
The list of enterprises and commercial banks was approved the government stake of which is to be transferred for the formation of the authorized capital of the Fund.
The Fund is being organized in the form of a joint-stock company, and its sole shareholder is the Ministry of Economy and Finance until the public placement of its shares.
At least 50% of the net profit of the Fund's investment assets until 2030 will be contributed to pay dividends in the end of the respective year.
