The State Assets Management Agency of the republic of Uzbekistan

The parties discussed prospects for investment cooperation, including Artan Holding’s potential participation in the privatization of state assets, the acquisition of real estate in Tashkent, and investment opportunities involving land plots in New Tashkent.

Particular attention was given to the development of educational infrastructure in Uzbekistan. Representatives of Artan Holding and City University Qatar expressed their interest in exploring the possibility of establishing a world-class university in the country. In this regard, the Qatari side is considering potential sites and real estate properties that could be used to implement the project.

The parties highlighted the importance of creating favourable conditions for attracting foreign investment into the education sector and expanding international cooperation in the training of highly qualified specialists.

Representatives of the Qatari side were also briefed on the new privatization mechanisms introduced under the Presidential Decree of the Republic of Uzbekistan, aimed at enhancing the investment appeal of state assets and expanding opportunities for investors.

In particular, for eligible assets, the following payment incentives are available:

A 25% discount on the total purchase price if payment is made in full within six months. Interest-free instalments for up to seven years if at least 50% of the purchase price is paid within six months. Interest-free instalments for up to five years if at least 35% of the purchase price is paid within three months.

These incentives apply to eligible state assets and non-agricultural land plots that meet the value thresholds and other requirements established by the relevant legislation.

Following the meeting, the parties agreed to arrange site visits for representatives of Artan Holding and City University Qatar to explore state assets listed for sale through electronic online auctions. They also agreed to review available land opportunities in New Tashkent in light of the Qatari side’s plans to explore the development of an educational project.

Artan Holding is a Qatar-based company established in 1997. Its principal areas of activity include education, real estate, engineering, energy generation and infrastructure development.

Press Service of the State Assets
Management Agency