An overview of President Mirziyoyev's March 2023 decree on reforming 31 major state-owned enterprises in Uzbekistan by 2025. The report lists companies across metallurgy, energy, oil & gas, banking, transport, and telecommunications — including Navoi MMC, Almalyk MMC, Uzbekneftegaz, and NBU. Management of state shares is transferred to UzAssets, with a mandate to implement ESG principles, OECD corporate governance standards, and attract qualified private-sector managers. Essential reading for investors tracking Uzbekistan's privatization and state enterprise reform agenda.