Turkmenistan to Auction 48 State Properties

BUSINESS TURKMENISTAN
Turkmenistan to Auction 48 State Properties
Ashgabat, Turkmenistan

The Ministry of Finance and Economy of Turkmenistan announced an auction for the sale of 48 state properties.

The list of state property to be privatised was published on Thursday edition of Neytralnyi Turkmenistan newspaper. The auction will be held on October 18 on the digital state property auction platform at www.е.fineconomic.gov.tm and through the mobile application of the platform.

Among the largest properties to be auctioned are a 25,500 square metre livestock and poultry farm in Lebap velayat, the Döwrebap shopping and entertainment centre (8,800 square metres) in Lebap velayat, and a two-storey building in the same building, a pipe factory in Dashoguz velayat (6,400 square metres) and the administrative building of the Nur Zaman economic association in Ashgabat (4,300 square metres).

Service facilities, including stores, cafes, canteens, health centers, administrative buildings, and production facilities will also be auctioned.

Citizens of Turkmenistan and foreign nationals, as well as non-governmental legal entities of Turkmenistan and other countries, are allowed to participate in the auction following the procedure established by the legislation.

The Department of Property Relations and Enterprise Support of the Ministry of Finance and Economy and specialized entities of departments of finance and economy of provinces and Ashgabat city carry out consultations on the procedure for participation in the auction and the provision of additional information on the objects for privatisation.

All auction participants will have the opportunity to get acquainted with the information about the object of privatisation beforehand. The sale of state objects is carried out with all obligations.

2022