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posted 1 month ago
The Cabinet of Ministers has adopted a resolution on July 17, 2024, No. 432, titled “On Additional Measures to Support Entrepreneurs in Small Industrial, Youth Industrial, and Entrepreneurial Zones.”
The document establishes procedures for:
The Agency for State Asset Management (ASAM) has been granted the authority to privatize the aforementioned properties.
Starting from August 1, 2024, the acceptance of results for completed investment and social obligations by participants in small industrial zones and youth entrepreneurs will be carried out by unified directorates managing these zones within three months from the deadline for fulfilling obligations.
Issues related to the acceptance of obligation fulfillment results and the privatization of properties in the capital will be addressed by a separate government commission.
The privatization of properties (or parts thereof) in small industrial zones will occur in five stages:
The territorial ASAM management:
A similar procedure is also established for the privatization of properties in youth industrial and entrepreneurial zones
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