Turkmenistan to put up state property for auction

By  Trend

The Turkmen Economy and Development Ministry will hold an auction for the sale of state facilities at 15:00 (GMT + 5 hours) October 31, 2016 at the following address: Archabil Avenue, 156, Ashgabat.

Industrial plant, pipe plant, shopping malls, carpet factory, textile enterprises and others are among the facilities to be put up for auction.

The citizens of Turkmenistan and foreign countries, as well as private legal entities of Turkmenistan and legal entities of foreign countries, who made bids in the prescribed form, as well as a deposit and a special fee and who have registered to participate in the investment contest in due time, are allowed to participate in the investment contest.

Foreign legal entities, international organizations established under the laws of foreign countries, their permanent representative offices and branches in Turkmenistan may participate in such a process only in case of the conclusion of the Agency for Protection from Economic Risks under the Turkmen ministry.

All participants are able to preliminary review a facility for privatization.
Telephones: (+99312) 39-46-73, 39-46-75.