Payment should be made in Tajik Rubles, converted at the official exchange rate on the day of the auction. During the Dutch auction, bidders will have to be physically present. Each lot will have an established offer price. The offer prices decline until the first bid is made and each of the cotton ginneries is sold at this price. A USD 50,000 bid guarantee to be deposited in the National Bank of Tajikistan is required to participate in the auction.
Bidders have the right to bid upon any number of lots without any restrictions.
Bidders will receive a bidder identification number that will be necessary for access to the auction. The starting prices of each lot will go down in equal increments until a bidder indicates his bid by raising his identification number. The first bid will be the winning bid. Home Contact Information Site Map Send mail to webmaster with questions or comments about this website. Tajikistan Privatization Agency, 1999.