Turkmenistan Opens Bidding on 45 State-Owned Properties

Turkmenistan Opens Bidding on 45 State-Owned Properties
Ashgabat, Turkmenistan

The Ministry of Finance and Economy of Turkmenistan announced an auction for the sale of 45 state properties.

The list of state property to be privatized was published in Monday's edition of Neytralnyy Turkmenistan newspaper. The auction will be held on July 28 on the digital state property auction platform at www.е.fineconomic.gov.tm and through the mobile application of the platform.

The former administrative building of Amyderýa commercial enterprise with a total area of 3,512.8 square meters, located in Koytendag district of Lebap province, Döwrebap Shopping Center (8,800 square meters) in the same province, pipe factory (6,400 square meters) in Dashoguz province and office building of Nur Zaman company (4.3 thousand square meters) in the capital Ashgabat will be put up for sale.

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 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.