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News & Events

Sale of property complexes of "Turtkultex" and "Khozarasp Textile" textile enterprises

  

Government Commission on Investors and Management Companies Selection for Enterprises of Textile Sector, established pursuant to the Decree of the President of the Republic of Uzbekistan dated April 21,2006 #PP-330 announces the bid on selection of investors and management companies for the following textile enterprises:

Sale of JV "Turtkultex" as property complex:

  • Minimal amount of redemption payment is 5.3 mln euro.
  • Term of redemption is not more than 7 years.
  • Advance payment is not less than 20% during 3 days after signing of contract.
  • Payment of remainder redemption price should be done during 7 years in equal payments.
  • Capacity utilization during 1 year from the time of acquisition should be not less than 85%.
  • Export not less than 80% of products manufactured.

Sale of "Khozarasp Textile" LLC as property complex:

  • Minimal amount of redemption payment is 7.5 mln USD.
  • Term of redemption is not more than 15 years.
  • Capacity utilization during 1 year from the time of acquisition should be not less than 85%.
  • Export not less than 80% of products manufactured.
06.03.2008 12:16

uzbekneftegazGov.uzPress ServiceOliy MajlisUzAMSENBUSARIOWAIPA