SAMA Extends Privatization Application Deadline for “Neftegazmontaj” and “Uzogirsanoatloyiha”
The State Assets Management Agency (SAMA) in Uzbekistan has announced the extension of the application period for the privatization of “Neftegazmontaj” and “Uzogirsanoatloyiha.” This decision was made in response to proposals from privatization consultants Mosaic Financial and Abrau Capital, with the aim of creating a competitive environment in the asset sales process.
Interested parties now have until 18:00 on September 23 to submit their expressions of interest (EOIs) for these two companies.
In addition, SAMA has appointed RSM Uzbekistan to oversee the privatization of the state-owned hotels “Khiva Plaza” (owned by NBU) and “Khiva Lokomotiv” (owned by Uzbekistan Railways). Five proposals were received from both local and international consulting firms for this task.
The consultants will be responsible for conducting a market analysis in the hotel management sector, assessing growth prospects in Uzbekistan and the region, and performing due diligence on the assets. They will also prepare marketing strategies, materials, and establish a virtual data room to facilitate the sales process.
SAMA, in collaboration with RSM Uzbekistan, has committed to ensuring that the privatization process is conducted with openness, transparency, and competitiveness. They will provide updates and information at each stage of the process to all stakeholders involved.
