On June 16, the Ministry of Finance and Economy of Turkmenistan will hold an auction for the sale of state property in an online format for the first time, the institution's announcement says.
28 lots belonging to the Ministry of Trade, the Ministry of Agriculture, the Committee of Water Resources of Turkmenistan, the agency "Turkmenavtoulaglary", the State Agency for Road Construction Management, the state association "Turkmenkover", the state concern "Turkmenkhimiya" and the municipalities of Dashoguz, Lebap and Mary regions will be put up for sale.
The highest initial price at the auction will be set for the Dovrebap shopping and entertainment center in Turkmenabat, owned by the Lebapdasharysovda foreign economic Association. It can cost a potential buyer 51.8 million TMT.
The cheapest lot is the lemonary of the consumer society "Khojambaz" of the Union of Consumer Societies of the Lebap region. Its initial cost is estimated at 71.6 thousand TMT.
The table with all the lots in PDF format can be downloaded from this link.
Both citizens of Turkmenistan and foreigners, as well as non-governmental legal entities who have submitted an application in the prescribed form, who have made a deposit and a special fee within the prescribed period, can take part in the auction. Applications are accepted by the Ministry of Finance.
We also recommend that you familiarize yourself with The Law of Turkmenistan "On Denationalization and privatization of state property".