Tashkent, Uzbekistan (UzDaily.com) — The Agency for State Assets Management (AUGA) of Uzbekistan has engaged a professional consulting firm to assist in the privatization of 100% equity stakes in "Khiva Plaza" LLC and "Khiva Lokomotiv" LLC.

According to the agency, five local and international consulting firms submitted proposals during the selection process. Following a review, RSM Uzbekistan was chosen as the consultant for the privatization of these assets.

RSM Uzbekistan’s tasks include conducting a market analysis of the hospitality industry and examining the development prospects of this sector in Uzbekistan and the region. The consultant will also carry out comprehensive due diligence on the assets, including tax, legal, financial, and environmental assessments.

Additionally, RSM Uzbekistan will prepare recommendations for an optimal marketing strategy, develop marketing materials such as teasers, information memorandums, and procedural letters, and organize the distribution of these materials to potential investors.