Government receives legal and normative documents on improvement of privatization

The Committee submitted the documents to the Cabinet of Ministers.

As APA reports, it has worked regulations on State Program on improvement of the management of state property; rules of control over investment making in the privatized and leased enterprises; rules of pre-privatization restructuring of the state-run enterprises, rules of tenders on letting out joint-stock companies and state-run enterprises for management.

These documents envisages efficient management of the state property and coordination of activities in this field; enhancement of pre-privatization restructuring process and back-up of state-run enterprises.

The committee experts that the control over investment making in the privatized enterprises will allow the increase of investment, reconstruction production fields and creation of new jobs.

Besides, the normative and legal acts reflect conservation of state property, leasing-out of state-run enterprises and lands, implementation of building, reconstruction and installation works and other cases.