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    Uzbekistan

    Remarkable online trades in Uzbekistan: diverse assets surpass initial prices

    Remarkable online trades in Uzbekistan: diverse assets surpass initial prices

    The online trades conducted on July 21 witnessed a remarkable number of participants and a diverse range of assets being auctioned and leased. A total of 305 lots were openly offered for electronic bidding, with an additional 218 lots successfully sold, surpassing their initial price. This article delves into the details of the trades, exploring the various state assets, leased properties, land plots, temporary trade places, and agricultural land that were part of this significant event.

    Photo: INFORMATION ON THE RESULTS OF THE ELECTRONIC TRADE PLATFORM "E-AUCTION", July, 2023
    Source: The official Telegram channel of the State Asset Management Agency of the Republic of Uzbekistan

    State Assets

    The auction featured one state asset, the "Tashkent City Pharmaceutical" State Enterprise, located in the Uchtepa district of Tashkent city. This asset had an initial price of over $284,000. However, with a competitive bidding process, the final sold price amounted to an impressive over $344,000 showcasing the demand and value of this enterprise.

    Lease of State Assets

    The online trades also included the leasing of state assets, with ten properties being offered for rent. Among them was the "New Technologies" Scientific Information Center in Tashkent city's Chilanzar district. Initially set at a yearly lease rate of $3300, the property was eventually leased for over $3600. This lease highlights the interest in scientific and informational spaces in the region.

    Land Plots

    The auctioned land plots numbered forty, with their combined initial price reaching around $47,000. These plots covered a total area of 1.2 hectares. Notably, a building intended for establishing kitchens, cafes, and trade houses in Fergana region's O'zbekiston district was auctioned, along with thirteen land plots, collectively sold for over $9600. Similarly, another building located in Qashqadaryo region's Ko'kdala district, along with two accompanying land plots, was sold for over $6000.

    Temporary Trade Places

    One hundred and ten temporary trade places were made available for auction, commencing at an initial price of around $2000. The bidding process saw the prices soar, and the final sold price amounted to a significant around $19,000, indicating a vibrant market for such trade spaces.

    Lease of Agricultural Land

    The auction also included the lease of agricultural land, with fifteen plots covering an expansive area of 222 hectares. The lease amount was determined based on the normative value, which summed up over $54,000. Furthermore, winners were obligated to make an additional payment amounting over $164,000. These statistics demonstrate the importance and potential of agricultural activities in the region.

    Participation and Current Opportunities

    The online trades drew significant interest from 872 legal entities and individuals, attesting to the dynamism of the market and the appeal of the assets on offer. As of now, there are still 130,137 lots available for trading, with an impressive total price of over $783 mn. This presents an exciting opportunity for prospective investors and businesses to explore various assets and properties.

    The results of the online trades held on July 21 revealed a thriving market with active participation from various entities. State assets, leased properties, land plots, temporary trade places, and agricultural land were all part of the diverse portfolio on offer.

     

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    24.07.2023, 23:27   Comments (0)   944
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