The Cabinet of Ministers’ resolution dated August 5, determined additional measures on attraction of foreign investors to some joint stock companies.
The resolution said that 17 joint stock companies failed to attract foreign investors in time due to poor work of top managers and inefficient organization of management.
The document underlined that heads of eight joint stock companies were fired, while nine top managers were warned and punished.
All 17 joint stock companies developed additional measures and new schedule on attracting foreign investors.
The government also set new terms for attracting foreign investors for some joint stock companies. In particular, 26 joint stock companies should attract foreign investors by November 1, and 61 enterprises – by December 31.
If the joint stock companies fail to attract foreign investors, they should change their organizational-legal form. (UzDaily/Business World Magazine)
