Turkmenistan to Auction 47 State Properties

Turkmenistan to Auction 47 State Properties
Ashgabat, Turkmenistan.

The Ministry of Finance and Economy of Turkmenistan announced an auction for the sale of 47 state properties.

The list of state property to be privatized was published in Friday's edition of Neytralnyi Turkmenistan newspaper. The auction will be held on February 9, 2024, on the digital state property auction platform at www.е.fineconomic.gov.tm and through the platform's mobile application.

Among the most significant properties to be auctioned are a factory for the production of burnt bricks, located in the village of Hendekli in the Danev District of Lebap Province, the Döwrebap shopping and entertainment center (8,800 square meters), and a two-story building in Lebap province, a pipe factory in Dashoguz province (6,400 square meters) and the administrative building of the Nur Zaman economic association in Ashgabat (4,300 square meters).

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

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

The Ministry of Finance and Economy's Department of Property Relations and Enterprise Support and specialized entities of the provincial and Ashgabat city departments of finance and economy consult on the procedure for participating in the auction and provide additional information on the objects for privatization.

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