Asaka Bank to realize project on creation of modern jewelry production in Tashkent
19/10/2017 17:43
Asaka Bank to realize project on creation of modern jewelry production in Tashkent
19/10/2017 17:43
Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev handed over a property complex of the state enterprise “1-Zargarlik korhonasi” to the joint-stock commercial bank “Asaka”.
The President signed a resolution “On measures to organize modern domestic jewelry production”.
The document said that “1-Zargarlik Korhonasi” stopped its activity in 2009, production facilities are idle, the existing equipment is not used.
Uzbek leader transferred the property complex of the state enterprise “1-Zargarlik Korhonasi” to the joint-stock commercial bank “Asaka” for implementation of an investment project to create modern jewelry production.
Asaka Bank was entrusted to take the object to the charter fund as a state contribution at the cost determined by the appraisal organization, with subsequent transfer of the object to the charter fund of the management company of Asaka Bank - Asaka Capital Invest LLC, for implementation of the investment project for organization modern production of jewelry.
In a month term, the bank was entrusted to develop and approve a “road map”, providing specific terms of attraction of the profile investor and realization of the investment project.
Till 1 July 2018, the bank must ensure establishment of an organization for production of jewelry on the basis of the facility and the commissioning of its management company.
The head of Uzbekistan granted the right to create on the basis of the project new organizations for production of jewelry products, including with participation of profile investors, as well as with the stake of the bank and its management company to 100 percent inclusive, and subsequently to sell the bank’s share and its management company in newly created organizations to new investors.
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