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 privatised was published in Friday's edition of Neytralnyi Turkmenistan newspaper. The auction will be held on January 18, 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 25,500 square metre livestock and poultry farm in Lebap province, the Döwrebap shopping and entertainment centre (8,800 square metres) and a two-storey building in Lebap province, a pipe factory in Dashoguz province (6,400 square metres) and the administrative building of the Nur Zaman economic association in Ashgabat (4,300 square metres).

Service facilities will also be auctioned, including shops, cafes, canteens, health centres, 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 specialised 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 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.