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Economy 02/05/2011 Over 40 state assets realized in Uzbekistan in 1Q 2011
Over 40 state assets realized in Uzbekistan in 1Q 2011
Tashkent, Uzbekistan (UzDaily.com) -- About 40 state assets for total sum of US$67.88 million and 58.71 billion soums in the first quarter of 2011, the State Property Committee of Uzbekistan said on 2 May 2011.

According to the State Property Committee, US$67.83 million and 51.04 billion soums of them were investment obligations, which were undertaken by investors within the agreement. The funds will be directed to modernization of capacities, creation of jobs and production of import-replacing products.

The receipts from all resources made up 10.28 billion soums, which is 2.8% more compared to the forecast. The state budget received 3.12 billion soums, which is 4.1% more compared to forecast.

The committee carried out control over execution of investment obligations over 177 agreements. In the reporting period, investment obligations for US$12.3 million (+59%) and 17.3 billion soums (+41%) were executed. In particular, the investment obligations for US$1.4 million and 16 billion soums were executed on objects, realized on zero-redemption price.

It added that to execute the resolution of the government from 8 July 2010 No. 141, agreements on transfer of 17 unused and uncompleted state objects were realized on zero-redemption price. The investors undertook investment obligations for 40.7 billion soums US$67.8 million, as well as creation of over 2,200 new jobs.

As of 1 April 2011, the State Property Committee carried out monitoring of 816 (284 joint stock companies and 532 limited liability company) privatized enterprises with the state share in the authorized capital.

The analysis of financial-economic figures of the enterprises, which has state representatives, revealed positive results in their activities. On operative data, 801 (98.2%) enterprises received income in the result of the first three months of 2011, of which 491 (61.3) recorded the growth year-on-year.

The Rent Centers revealed 8,424 unused state objects. Over 7,100 rent agreements were inked. In the result, some 16,000 new jobs were founded.

About 5.1 billion soums were received within the reporting period, of which 50% were directed to local budgets and 2.1 billion soums to owners of the state property.

Total trade turnover of securities market (shares and corporate bonds) made up 201.1 billion soums in the first months of 2011, which is 18.8% up year-on-year. Deals for 72.2 billion soums were registered at organized market, which makes up 36% of total turnover.

In the reporting period, the four licenses for conducting appraisal activity was issued and eight individuals successfully passed exams for certificates.

As of 1 April 2011, the number of appraisal organizations made up 118. Number of certified appraiser reached 489.

Some 461 individuals received certificates of professional participant of exchange market, of them 453 – on commodity direction and 8 – real estate direction.

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