Support in the implementation of the Strategy for management and reform of state-owned enterprises in the Republic of Uzbekistan

Overview
Project Summary Document

TCRS 16014

Status Approved

Location

Uzbekistan

Business Sector

Notice Type

State

PSD Disclosed

23 Dec 2021

Project Description

State Assets Management Agency (“SAMA” or the “Agency”) of the Republic of Uzbekistan is a government agency tasked with the management of state-owned assets and enterprises in the country and the execution of privatisations. The European Bank for Reconstruction and Development (EBRD) has been working with SAMA and other stakeholders in Uzbekistan to identify key legal, regulatory and institutional reforms to improve the system of governance and monitoring of state-owned enterprises (SOEs) and to develop a set of recommendations and an actionable road map of reforms and changes. This work is carried out within the framework of activities agreed in the Memorandum of Understanding (MoU) signed in August 2018 between the State Investments Committee of the Republic of Uzbekistan, the State Committee for Assistance to Privatised Enterprises and Support of Competition (predecessor of SAMA) and EBRD in respect of Cooperation on supporting the process of privatisation of state-owned property, improving corporate governance standards and practices in state-owned enterprises and strengthening competition in the Republic of Uzbekistan. Enhancing competitiveness of the Uzbekistani economy, commercialisation of SOEs, strengthening the governance and privatisation frameworks are closely aligned with the objectives of the EBRD’s Country Strategy for Uzbekistan.

Guided by this MoU, EBRD has been working with SAMA on several technical cooperation assignments and to date completed a number of important tasks including (1) the review of legal, regulatory and institutional frameworks for the management and governance of SOEs; (2) the review of the legal and institutional framework for privatisations (3) supporting SAMA in drafting the new laws on state property management; privatisation; and the Strategy for the management and reform of enterprises with state participation (equivalent of a state ownership policy); (4) development of the road map of measures and actions necessary to implement the recommendations in relevant areas.

The government approved one of the outputs of the above work (as a decree) and it currently constitutes one of the key documents guiding its efforts in the area of SOE governance reform. In particular, the Cabinet of Ministers of the Republic of Uzbekistan adopted the “Strategy for management and reform of enterprises with state participation in 2021-2025” in March 2021 (the “Strategy”). Among a number of objectives, the Strategy aims to modernise the governance practices and standards in SOEs, carry out activities to improve SOE efficiency and operations and improve the work of the Agency in terms of monitoring the performance of SOEs and relevant disclosures. Following the approval of this document, SAMA requested further technical assistance from EBRD to support the Agency and the Government of Uzbekistan in the effective implementation of several objectives outlined in the Strategy. Thus, the current project aims to provide technical assistance and support to SAMA and the relevant stakeholders in the Republic of Uzbekistan in implementing a number of objectives of the Strategy for management and reforms of enterprises with state participation in 2021-2025.

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

Enquiries

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

TCRS 16014

Status Approved

Location

Uzbekistan

Business Sector

Notice Type

State

PSD Disclosed

23 Dec 2021

Project Description

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM via email ipam@ebrd.com to get guidance and more information on IPAM and how to submit a request.

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Support in the implementation of the Strategy for management and reform of state-owned enterprises in the Republic of Uzbekistan

Project Description

Understanding Transition

Business opportunities

Enquiries

Business opportunities

General enquiries

Project Description

Understanding Transition

Business opportunities

General enquiries

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)