Uzbekistan Offers Turkish Investors State Assets Worth 100 Trillion Soums

Uzbekistan's Agency for Management of State Assets (AUGA) and the Turkey–Uzbekistan Business Council under DEİK, Turkey's Foreign Economic Relations Board, have signed a memorandum of cooperation to attract Turkish investors to privatization in the country. According to AUGA's press service, state stakes in 84 enterprises, 1,242 properties and about 8,000 hectares of land, worth roughly 100 trillion soums in total, will be offered at auction in 2026–2027.

The document was signed by AUGA Director Sokhibjon Murodov and Ozgur Onur Ozgoven, chair of the business council. Under the memorandum, Turkish companies will be informed about state assets offered for privatization, investment proposals will be exchanged and direct business contacts established. As a first step, a special panel session for Turkish investors is proposed for December 2026. Under Presidential Decree No. UP-177, investors can receive a 25% discount for full payment within six months, interest-free installments up to seven years, and the right to begin reconstruction after paying at least half the value. AUGA says Turkish entrepreneurs have bought more than 30 state assets in Uzbekistan worth about $366 million in recent years.