Kamco and Korea Institute of Public Finance Transfer National Asset Management Know-how to Uzbekistan

[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) will conduct training for 30 executives and employees of the Uzbekistan State Asset Management Agency (SAMA) on the 6th, together with the Korea Institute of Public Finance.

The training theme is "Strengthening the Capacity of Uzbekistan's State Asset Management Organization and Promoting the Privatization of State-Owned Enterprises," and it will be held from today until the 14th. This training is part of the business agreement signed by KAMCO, the Korea Institute of Public Finance, and SAMA in February. It was prepared to promote innovation and privatization of Uzbekistan's state-owned enterprises led by SAMA.

SAMA was established in January 2019 to efficiently privatize state-owned enterprises and state assets. Its main tasks include privatization and management improvement of state-owned enterprises, management of state assets, and restructuring of bankrupt and insolvent companies.

KAMCO and the Korea Institute of Public Finance plan to share their experience and know-how through ▲state asset management and development ▲operation of the asset disposal system Onbid ▲successful cases of corporate restructuring ▲theory and strategy of state-owned enterprise privatization ▲cases of public enterprise privatization.

Moon Sung-yoo, President of KAMCO, emphasized, "I hope this training will help implement the reform roadmap for Uzbekistan's state-owned enterprises," and added, "We will continue to strive to expand knowledge and human exchanges and create a successful 'New Northern Economic Cooperation Model'."

This content was produced with the assistance of AI translation services.