The measures are set out in Presidential Decree No. PD-177 of August 28, 2026, “On Additional Measures to Reduce State Participation in the Economy and Accelerate Privatization Processes”, the agency's press service said.
The total value of the assets to be offered for sale is estimated at UZS 100 trillion, with the sales expected to generate at least UZS 14 trillion in proceeds by the year-end.
Under the decree, 85 state-owned enterprises are also to be liquidated or reorganized, while 84 previously unsold assets will be re-offered at auction with a starting price of UZS 1 million.
The new rules provide for a lower advance payment on state assets, reducing it from 35% to 15%. The remaining amount can be paid in interest-free installments.
Buyers who pay in full for an acquired asset within six months will be eligible for a 25% discount, compared with a 14% discount for full payment within one month under the previous procedure.
Interest-free installment payments can be made for up to five years if 35% of the asset's value is paid within three months, and for up to seven years if 50% is paid within six months.
The decree also introduces new auction mechanisms. If an asset remains unsold for three months, its price will be reduced in stages. In some cases, a hybrid auction combining a price reduction followed by an increase may be used.
The new mechanisms and benefits may also apply to the sale of assets held on the balance sheets of commercial banks with state participation, the agency said.
The decree also seeks to make land plots more attractive to investors by introducing a “ready-to-use package” approach, under which technical conditions for connecting to utility networks and necessary permits are prepared in advance.
Major state higher education institutions and specialized medical centers will also be gradually commercialized, with opportunities to attract private investors and use financial instruments, according to the agency.
