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Kyrgyzstan Review, 10 years ago

[14.02.23] Scarcely 104.3 mln Soms in Proceeds from Privatization

On February 12 State Committee on administration of state property and attraction of FDI held a meeting to discuss 2002 yearly results. Vice Prime Minister Joomart Otorbaev was among the participants
In 2002, 102 state-owned objects and state share holding in 33 enterprises was privatized. State-owned objects with assessed value of 550 mln soms have been put out for sale. Due to poor effective demand and certain specifics of privatization (delays in transfer of payments) only 104.3 mln soms have been received.
115.3 mln soms was collected in dividends from the state-owned shares in 2002.

Lemon, February 14, 2003

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