The VIII International Conference “Capital Market of the Republic of Uzbekistan”, organised by Cbonds, was held today in Tashkent. As part of the plenary session “Uzbekistan’s market: key changes and development prospects”, Alisher Miraliyev, Deputy Director of the State Assets Management Agency, delivered a presentation on the new privatization programme approved this year.

In his presentation, the Deputy Director outlined the 2026 Privatization Programme approved by Presidential Decree No. PD-177 of the Republic of Uzbekistan dated 29 August 2026.

Particular attention was given to the new incentives available to buyers. The advance payment required for the acquisition of state assets has been reduced from 35% to 15%, with no interest charged on the remaining amount. Interest-free instalment plans are available for up to 5–7 years, depending on the payment scheme. In addition, buyers who make full payment within six months are eligible for a 25% discount on the contract value.

“The Presidential Decree creates fundamentally new conditions for attracting private capital into the economy. We are significantly reducing the financial burden on investors at the initial stage — the advance payment has been reduced by more than half — while simultaneously expanding the range of assets offered for sale. This provides entrepreneurs and investors across the country with practical access to state assets, along with new opportunities, preferences and incentives,” said Alisher Miraliyev.

In addition to privatization, the Cbonds conference covered a broader range of issues related to the development of Uzbekistan’s capital market, including debt market regulation, capital-raising instruments and digital financial tools.

Participants highly appreciated the new opportunities and mechanisms being created for entrepreneurs, highlighting their importance in enhancing the country’s investment attractiveness and further expanding investor participation in privatization processes.

Press Service
State Assets Management Agency