Department of economics couse work from economics


Privatization and its implementations in Uzbekistan



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Course work from economics

1. Privatization and its implementations in Uzbekistan.
1.1 Objects and subjects of privatization.
Privatization can suggest several things including the migration of something from the public sector to the private sector. It is also used as a metonym for deregulation when a massively regulated private firm or industry becomes less organized. Government services and operations may also be (denationalized) privatized. In these circumstances, private entities are tasked with the application of government plans or the execution of government assistance that had earlier been the vision of state-run companies. Some instances involve law enforcement, revenue collection, and prison management.
According to the general rule, objects of public property of the Republic of Uzbekistan, namely, republican and municipal property, are subject to privatization and denationalization (in whole or in part), with the exception of the following objects:

  • land, its subsoil, internal waters, air basins, flora and fauna within the Republic of Uzbekistan;

  • objects of material cultural heritage, including objects of material cultural heritage stored in state funds, national funds, information and library funds and in the funds of research institutions, as well as archives, museums and protected natural areas;

  • funds of the State Budget of the Republic of Uzbekistan, the foreign exchange reserve, state trust funds, the Central Bank of the Republic of Uzbekistan, as well as the gold reserve of the Republic of Uzbekistan;

  • state organizations for the maintenance of monetary circulation, enterprises and organizations that ensure the production of securities, orders, medals and postage stamps;

  • enterprises, institutions and military-technical property (before industrial disposal, as well as not subject to industrial disposal) The Armed Forces, the State Security Service and the Ministry of Internal Affairs of the Republic of Uzbekistan;

  • enterprises and facilities that carry out research and development, development, production and sale of X-ray equipment, devices and equipment using ionizing radiation sources;

  • enterprises and facilities engaged in the extraction, production, transportation, processing of radioactive elements, disposal of radioactive waste, sale of uranium and other fissile materials, as well as products made from them;

  • enterprises engaged in the development, production, repair and sale of weapons and ammunition, protective equipment, military equipment, spare parts, components and devices for them, pyrotechnic products, as well as special materials and equipment for their production;

  • enterprises and organizations engaged in the production, repair and sale of hunting and sporting firearms and ammunition, as well as edged weapons (except for souvenir knives of national types);

  • enterprises that produce potent poisons, narcotic and toxic substances, as well as those that sow, cultivate and process crops containing narcotic and toxic substances;

  • state reserves of the Republic of Uzbekistan. Objects and property of civil protection and mobilization purposes;

  • specialized enterprises and organizations that carry out construction and installation work, operation and repair of facilities (installation of equipment, systems and equipment) nuclear power and strategic facilities;

  • specialized enterprises that transport explosive and toxic substances;

  • public roads;

  • sanitary and epidemiological stations. Bureau of Forensic Medical Examinations. Environmental Monitoring and Nature Protection Services;

  • medical and industrial workshops, enterprises of institutions for the execution of punishments;

  • special purpose enterprises;


It is important to note that this list is not exhaustive, namely, by the decision of the President of the Republic of Uzbekistan, other objects may also be classified as objects that are not subject to denationalization and privatization.
In addition, the privatization of the following objects is carried out by the Decree of the President:

  • enterprises with the book value of fixed assets of more than one hundred thousand basic calculation values;

  • enterprises for the extraction and processing of precious, rare earth metals, precious stones;

  • enterprises and organizations of basic industries: fuel and energy, mining (including enterprises and organizations engaged in the development, production and sale of explosives, as well as special materials and equipment for their production), machine-building and cotton processing complexes. Enterprises and organizations that produce oil, gas and coal, and drill wells. Main oil and gas pipelines, oil product pipelines, electric and heat generating stations and system-forming electric networks;

  • chemical enterprises (production of herbicides, mineral fertilizers, synthetic fibers, toxic chemicals for the control of agricultural pests, and others);

  • electric communication enterprises, television, radio reception and radio transmission centers and their engineering structures;

  • enterprises and facilities that develop, manufacture, repair and sell rocket and space complexes, communication systems and control systems;

  • printing companies and publishing houses;

  • information and telegraph agencies;

  • enterprises and organizations engaged in the production, repair, sale and operation of encryption equipment;

  • enterprises and organizations of standardization and metrology;

  • enterprises and organizations engaged in the construction and operation of high-risk facilities and potentially hazardous industries, the manufacture of equipment, control systems and emergency protection for them;

  • objects of engineering infrastructure: electricity, heat, gas supply, water supply and sewerage facilities of district centers and cities;

  • enterprises and organizations that transport passengers and cargo by rail, air and river transport;

  • higher, secondary specialized and vocational educational institutions of ministries, state committees, departments, as well as general education institutions;

  • organizations of the Academy of Sciences of the Republic of Uzbekistan, the Uzbek Scientific and Production Center of Agriculture. State research centers;

  • state breeding farms and farms, stud farms, elite seed farms, seed and breeding stations, state seed inspections and laboratories for assessing the technological quality of agricultural crops, variety testing stations and plots;

  • postal service companies;

  • enterprises and organizations of forestry, geological, cartographic and geodetic, hydrometeorological services and their information centers;

  • landfills, buildings, structures and equipment for the disposal of solid industrial and household waste, animal burial grounds;

  • machine testing stations, grain elevators;

  • state health resort facilities located outside the Republic of Uzbekistan;

  • enterprises of film production and concert and entertainment institutions, as well as information and library institutions and reading rooms;

  • health care facilities;

  • enterprises and institutions of the state veterinary service, plant protection service;

  • homes and boarding schools for the disabled, the elderly and other categories of socially vulnerable citizens;

  • health-improving children’s, adolescent and youth institutions.

At the same time, objects of privatization, shares of privatized enterprises (with the exception of joint stock companies) cannot be acquired by persons who are prohibited from engaging in entrepreneurial activity. In addition, restrictions in the subject composition can be established for individual objects of privatization.
Public property may be acquired by:

  • Citizens of the Republic of Uzbekistan, other states, stateless persons;

  • Non-state legal entities;

  • Foreign legal entities.


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