OREANDA-NEWS. On May 11, 2009 State commission for conducting tenders on the sale of state property to foreign investors announced on the basis of the Resolution of the President of the Republic of Uzbekistan №PP-672 as of July 20, 2007 the open tender for privatization sale of 25% shares of joint stock company "Issiqlikquvvatta'mir", reported the press-centre of State commission for conducting tenders on the sale of state property.

JSC "ISSIQLIKQUVVATTA'MIR" is located in Yakkasaray district, Tashkent city and was established in 1997. Main types of activity of the enterprise are building and assembly works, capital repairs and construction of intrablocks and trunk heating systems, general construction works of communal services.

22 945 (twenty two thousand nine hundred forty five) ordinary registered shares of
JSC "ISSIQLIKQUVVATTA'MIR" constituting the aggregate of 25% of the enterprise's total issued shares are offered for sale. Starting bidding price for the said package of shares is 640 000 USD (six hundred forty thousand). The investment obligations constitute not less than 150 000 USD (one hundred fifty thousand).

Investors interested in participating in the Tender must submit a properly completed Application for participation and Confidentiality Statement. With the inquiries please contact address shown below.

The package of Bidding Documentation, which includes Information Memorandum, Tender Rules and Bid Form can be obtained upon presenting to the State Property Committee filled in and signed Application and Confidentiality Statement along with a copy of the proof of payment made.

The price of the package of Bidding Documentation constitutes 100 USD (hundred), which need to be transferred to either of the following accounts:
 
USD Account: 20203840500600289001
UZS Account: 20203000600600289001
in the JICB "Ipak Yoli"
TIN 201122696, bank code 00444
S.W.I.F.T. code: INIPUZ22
 
The Bid submission deadline expires at 12 a.m.  (Tashkent time)  June 10, 2009.
Opening of the packages with Tender Bids will be held in the Meeting Hall of the State Property Committee of the Republic of Uzbekistan (5th floor) at 4 p.m. (Tashkent time) June 10, 2009.

Tender participants or their authorized representatives, who would submit Tender Bids in accordance with the established procedures, have the right to participate at the opening of the packages with Tender Bids.

For all issues related to the tender, please contact:

State Property Committee
55, Uzbekistanskaya str., 100003 Tashkent, Uzbekistan
Attention:  Odiljon A. Mamatov
Telephone: +998 (71) 259 21 90
Fax:  +998 (71) 259 20 72.