OREANDA-NEWS. February 03, 2009. State Commision for conducting tenders on the sale of the state property to the foreign investors based on the Resolution of the President of the Republic of Uzbekistan №PP-672 dated July 20, 2007 hereby notifies on the prolongation of the deadline for receiving tender Bids for earlier announced tenders for Privatization Sale of the 51% Share Package of Joint Stock Company "Farg’onaazot", reported the press-centre of State Commision for conducting tenders.

2 057 631 (two million fifty seven thousand and six hundred thirty one) shares of common stock of JSC "Farg'onaazot" constituting the aggregate of 51% of the Company's total issued shares are being offered for sale.  JSC "Farg'onaazot" is situated in Fergana city of Fergana region. The factory was put into operation in 1961.

The main type of activity is production liquid ammonia, carbamide, ammonium nitrate, defoliant, sodium chlorine and fluid carbonic acid. Starting bidding price of the package of shares is 52 000 000,0 (fifty two million) US dollars.  The investment requirements of the Company constitute the amount of 55 000 000,0 (fifty five million) US dollars.
 
Investors interested in participating in the tender shall first submit a properly completed and signed Application for participation and Confidentiality Statement.

The Tender Documentation package including Information Memorandum, Tender Rules, Bid Form can be obtained upon payment made for it, by presenting to Case-by-Case Privatization Bureau the completed and signed Application and Confidentiality Statement together with a copy of the document confirming the payment effected.
 
USD Account № 20203840500600289001
UZS Account № 20203000600600289001
In the JICB "Ipak Yoli"
TIN 201122696, bank code 00444
S.W.I.F.T. код: INIPUZ22
 
The Bid submission deadline expires at 12:00 a.m. Tashkent time on March 3, 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 16:00 p.m. Tashkent time on March 3, 2009.

Tender participants or their authorized representatives, which have submitted Tender Bids in accordance with established procedures, have the right to participate at the opening of the packages with tenders Bids.

For all issues related to the tender, please contact:
 
The Work Body of the State Property Committee:
 
Case-by-Case Privatization Bureau
State Property Committee Bldg., room 17.01
Uzbekistan Ave., 55, 100003 Tashkent, Uzbekistan
Attention: Mr. Khalil  Kh. Akhmedjanov,  Acting Director General
Telephone: +998 (71) 259 22 51
Fax: +998 (71) 259 22 79
Email: ccpbuz@tps.uz