Potential Sale of State-owned Companies and Resources
Potential Sale of State-owned Companies and Resources
The Prime Minister of the Republic of North Macedonia announced that the Government is interested in selling part of the state-owned companies, as well as resources where the Government is the dominant owner, namely Railways and Transport, The National Post, Eurokompozit JSC Prilep, Tobacco Company JSC Prilep, ski center Popova Sapka, camping Livadishte, power plant TEC Negotino and similar resources.
It is expected that the entry of private capital, by 100% acquisition or a public-private partnership, will increase the performance of these entities. As stated by the Prime Minister, these are inefficient resources in the hands of the State and they should be put in function towards new inflows in the Budget. Prime Minister Zaev indicated that there is also great potential in the possibilities of selling state-owned agricultural land estimated at more than EUR 2 billion, in accordance with certain conditions at market prices.
The Prime Minister of the Republic of North Macedonia announced that the Government is interested in selling part of the state-owned companies, as well as resources where the Government is the dominant owner, namely Railways and Transport, The National Post, Eurokompozit JSC Prilep, Tobacco Company JSC Prilep, ski center Popova Sapka, camping Livadishte, power plant TEC Negotino and similar resources.
It is expected that the entry of private capital, by 100% acquisition or a public-private partnership, will increase the performance of these entities. As stated by the Prime Minister, these are inefficient resources in the hands of the State and they should be put in function towards new inflows in the Budget. Prime Minister Zaev indicated that there is also great potential in the possibilities of selling state-owned agricultural land estimated at more than EUR 2 billion, in accordance with certain conditions at market prices.
