Tashkent, Uzbekistan (UzDaily.com) —  Several investors have shown interest in the privatization of Farovon Khiva Hotel and Khiva Lokomotiv Hotel, located in Khiva, according to the State Assets Management Agency of Uzbekistan.

The agency had previously initiated an open auction process, offering 100% stakes in the charter capitals of LLC "Khiva Plaza" (Farovon Khiva Hotel) and LLC "Khiva Lokomotiv" (Khiva Lokomotiv Hotel).

To facilitate the privatization of these assets, the agency engaged RSM as a consultant, who is organizing and supporting the process. According to the consultant, applications for participation in the auction have been received from two investors for LLC "Khiva Plaza" and four investors for LLC "Khiva Lokomotiv."

After reviewing the submitted applications, all candidates were approved for the next stage of the privatization process. They are now required to submit binding offers (BO) for the purchase of the listed assets by 6:00 PM (Tashkent time) on January 6, 2025.