OREANDA-NEWS. On July 01, 2009 The State property committee of Uzbekistan held a press conference on the issues of increasing the efficiency of management of the state property, reported the Official website gov.uz.

Vice chairman of the committee A.Daliyev said the stabile and heterogeneous economy has helped increase the potential of the private sector. At the same time, processes of effective management of the state property have been deepening.

The state as a main reformer is solving the key task of increasing the industrial potential of the enterprises through introduction of modern and efficient technologies. This leads to creation of new workplaces, larger production volumes and growing exports.

Today, there are about 25,000 enterprises with the state share in Uzbekistan. In 215 companies, the state property is managed by professional management teams. The management of the state property is also carried out by local authorities and the State property committee.

In accordance with the President’s decree of 18 November 2008, the joint-stock companies are increasing their charter capitals. The goal is to create large and stable companies with effective mechanism of corporate management and internal audit.

The increase of the capitalization and financial stability of the real sector enterprises envisage attraction of investments, including those of the commercial banks.

To date, thanks to attraction of investments, part of the enterprises with the state share has got rid of the losses and created a total of more than 3,000 new workplaces.