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Five enterprises of Ferghana region transfered to commercial banks at zero-value - Asia-Plus | News from Tajikistan, Central Asia and the World

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Five enterprises of Ferghana region transfered to commercial banks at zero-value

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In Ferghana region production cost of ten industrial enterprises was dropped almost 10%.

Five enterprises, adjudicated bankrupts for the last two years and put up for auction but not sold out yet, were transfered to commercial banks.

Joint stock companies Fargona Ip Gazlama, Buyuk Ipak Yuli, Fargona Sunyiy Charm were transfered to banks at zero repurchase value under the condition of attracting investments during next two years. Now functioning of these enterprises will be resumed by means of internal funds of commercial banks.

Thus, anti-recessionary program, proposed by President Islam Karimov, is being executed.

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