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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of April 21, 2025 No. PP-145

About privatization of large enterprises with participation of the state in the international markets

(In edition of the Resolution of the President of the Republic of Uzbekistan of 13.03.2026 No. PP-97)

For the purpose of increase in efficiency of activities of large enterprises with participation of the state and commercial banks (further - large enterprises with participation of the state) and accelerations of attraction of foreign investments by their privatization I decide:

I. Purposes

1. Determine the main target indicators of realization of large enterprises with participation of the state in the international and domestic markets:

(a) exposure to the public biddings of blocks of shares (shares) in the authorized capital of 29 large enterprises with participation of the state with involvement of authoritative international professional consultants;

(b) carrying out primary (IPO) and (or) secondary (SPO) of public placement of blocks of shares in the authorized capital of 12 large enterprises with participation of the state in the international and domestic stock markets.

II. Realization of the state assets in the international markets

2. Approve:

(a) The list of blocks of shares (shares) exposed on the public biddings in the international and domestic markets with involvement of professional consultants according to appendix No. 1;

(b) The list of large enterprises with participation of the state, primary (IPO) and (or) secondary (SPO) public placement of shares of which will be carried out in the international and domestic stock markets, according to appendix No. 2;

(c) The mechanism of realization of separate large enterprises with participation of the state according to appendix No. 3;

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