Turkmenistan’s Finance and Economy Ministry Will Hold Investment Competition

BUSINESS TURKMENISTAN
Turkmenistan’s Finance and Economy Ministry Will Hold Investment Competition
The Ministry of Finance and Economy of Turkmenistan

Turkmenistan's Ministry of Finance and Economy will hold an investment competition for the sale of state property. The announcement was published in Saturday edition of Neytralnyy Turkmenistan newspaper.

The wool processing company in Mary city on Shamuradov street, 24 was put up for the investment tender at the price of 45,668,343.00 manats.

The sale is done under the condition that the enterprise's profile and jobs are preserved.

All participants in the investment competition have the opportunity to become acquainted with the privatization object in advance.

Citizens of Turkmenistan, citizens of foreign states, and nongovernmental legal entities of Turkmenistan and legal entities of foreign states who have applied in a prescribed form, paid a deposit and special fee, and passed registration for participation in the investment contest within the prescribed term are eligible to participate.

The Ministry of Finance and Economy of Turkmenistan accepts applications and registers participants beginning on the day of the announcement and ending two calendar days before the commencement of the investment competition.

Realization of state objects is made with all obligations.

The investment competition will take place on May 25, 2023, at 10 a.m. in Turkmenistan's Ministry of Finance and Economy building at the address: Ashgabat, Archabil Avenue, 156.

2022