Tashkent, Uzbekistan (UzDaily.com) -- The State Assets Management Agency of Uzbekistan attracted a professional consulting company for the privatization of 51% state block of shares in the authorized capital of YO’LREFTRANS JSC.

The Agency said that five local and international professional consulting companies participated in the selection process of consulting company.

Accordingly, as a result of the selection process, the Consortium of Winvestment Consult and Kreston Tashkent, which presented the highest level of projects in this field, the qualification of the professional team involved in the project and the most acceptable price offer, was attracted as Consultant for the privatization of the 51,0% state block of shares in the authorized capital of "YO’LREFTRANS" JSC.

Consultant will analysis of the railway freight service market and prerequisites for the development of the industry in Uzbekistan and in the region and conduct a comprehensive (tax, legal, financial and environmental) due diligence of the Asset.

Consultant will prepare recommendations on optimal marketing strategy, marketing materials (teaser, information memorandum, procedural letter, etc.) and distribution of information materials to investors, etc.

The State Assets Management Agency together with the Consortium of Winvestment Consult and Kreston Tashkent will take all necessary measures to organize the process in accordance with open, transparent and competitive sales mechanisms, as well as ensure the provision of information to the public on each stage of the process.