Tashkent, Jan. 12 -- Companies registered in Uzbekistan will be able to buy lands on which their buildings have been built, as well as neighbouring plots, if necessary.

Uzbek citizens will have an opportunity to buy plots with their homes and servicing facilities.

Local authorities will grant land privatiszation only when presented with a land registry and proof of payment.

A governmental decree setting out privatisation procedures and price list is expected until 1 Jun.

The Decree names privatised plots as private property and secures their immunity.

Published by HT Digital Content Services with permission from UzReport....