The State Assets Management Agency has announced a tender for engaging consultant to develop a Navoiyazot’s privatization strategy and a road map for its implementation in line with the relevant privatization programs.
It is planned to sell the government’s stake and the stake of the state-owned Uzkimyosanoat (Uz Chemical Industry) holding. Both privatization of the entire company and the sale of separate independent units, production chains, infrastructure and services are under consideration.
The consultant is expected to conduct a financial, tax and legal review of the asset and also study the interest of investors in the company and its subsidiaries and, based on the collected information, develop the plant’s privatization strategy the. Implementation period - 6-8 months.
Navoiyazot is one of the largest chemical enterprises in Uzbekistan, which processes natural gas and produces mineral fertilizers, chemical reagents for gold miners, and low-ton chemical products.
it produces more than 30 percent of Uzbekistan's chemical products, is one of the base segments of Uzkimyosanoat and covers almost all sectors of industry, transport, agriculture, fuel and energy complex, as well as the service sector, science and education.
