President Gurbanguly Berdimuhamedov signed a decree “On the privatization of some buildings in Ashgabat,” the “Neutral Turkmenistan” newspaper reported today.
According to the document, the Ministry of Finance and Economy was ordered to sell the relevant shops, a restaurant and a trading house through direct (targeted) sales in the prescribed manner to the members of the Union of Industrialists and Entrepreneurs, subject to the preservation of the main profile of their activities and jobs.
The decree was signed “in order to expand market relations in the country, increase the share of the private sector in the economy, promote the development of small and medium-sized businesses, further efficient organization of trade and services, as well as in accordance with the Law of Turkmenistan “On Denationalization and Privatization of State Property ”.
Signing this document at a meeting of the Cabinet of Ministers, President Gurbanguly Berdimuhamedov noted that the country has achieved a dynamic growth of a socially oriented economic sphere, which is based on various forms of ownership and provides for a gradual transition to market relations.
In order to deepen cardinal reforms in this area on the basis of the active introduction of effective management methods, the formation of various ownership structures for the management of enterprises in the sectors of the national economic complex, a phased privatization of objects is being carried out.
The steps taken in this direction contribute to an increase in the share of the non-state sector of the national economy, noted Berdymuhamedov.
