Turkmen government to sell 34 companies through auction Investment
IIKSS - The Ministry of Economy and Development of Turkmenistan has announced privatization auction for 34 government-owned companies, the state news agency said.
The auction will be held on January 31, 2017.
Theses companies are located in different parts of the country. They include companies of the Ministry of Textile Industry, Ministry of Trade and Foreign Economic Ties, State Union of Food Industry of Turkmenistan, Turkmen Gas, Turkmen Oil and other agencies.
Several textile and garment enterprises, stores and shopping centers, unfinished buildings will be offered for privatization as well.
The Turkmen government expects to receive significant revenues from the auction.
The starting price of several big lots starts from several millions manats.
The auction will be held as part of the country's privatization program.