Indecon Consulting

[Uzbekistan] – Study Tour on Corporate Governance and Regulation

Assignment Name

Study Tour on Corporate Governance and Regulatory Issues for Teaching Staff of APA


Germany; Uzbekistan

Total Value

Small (< EUR 100K)




Based on a Request for Quotation "RFQ" an assignment to design, develop, coordinate and implement a study tour  for high ranking lecturers and trainers of the Academy for Public Administration under the President of Uzbekistan (APA) and management of the State Committee for Privatization, Demonopolization and Development of Competition or "GKK" for short (renamed to "State Committee of the Republic of Uzbekistan for Assistance to Privatised Enterprises and Development of Competition" also "GKK" for short in April 2017) to Germany was awarded to indecon. In the context of the study tour the participants were to visit government organisations in Germany mandated with the implementation of corporate governance, portfolio management of SOEs as well as regulatory issues. The objective of the study tour was to provide the participants with a comprehensive overview of the legal, administrative and institutional framework for Corporate Governance and the implementation of its procedures and thereby upgrading the skills and competence of the the Academy's faculty staff.

The study tour lasted five (5) days, i.e. from Sunday October 30, 2016 until November 05, 2016 and comprised a combination of classroom workshops, cases studies and visits to state organisations.

The classroom training and discussions as well as presentations by state organisations focused on the following topics:

  • Corporate Governance
  • State Owned Enterprises (SOEs) and the required legal framework
  • The state as owner of commercial enterprises: legal framework in Germany and EU countries
  • SOE portfolio management and SOE performance monitoring
  • Public Sector reform at local level
  • Regulation: Introduction into regulation, Regulatory authorities, Regulated markets
  • Designing and implementing standards on CG in enterprises
  • Legal Framework for limited liability companies (Llc)
  • Restructuring of enterprises (before insolvency)
  • Insolvency / Financial restructuring in case of insolvency

Type of Services Provided

  • Familiarization with the learning demands of the delegation
  • Development of a program for a study tour meeting the learning demands of the delegation and consisting a combination of classroom workshops and scheduled visits to state organisations mandated with the implementation of corporate governance, portfolio management of SOEs as well as regulatory issues
  • Submission of a draft program to OSCE for approval
  • Identification of speakers, securing their availability and willingness to deliver a presentation and case studies as well as provision for contractual arrangements
  • Identification of German-Russian simultaneous translators, securing their availability and commitment
  • Coordination of the content of the speakers’ presentations and their timely translation
  • Coordination and management of all logistical aspects of the Study Tour in accordance with the program (transport, accommodation, translation, meals, arrangement of a conference room)
  • Preparation of presentations on various topics relevant to the study tour and delivering respective classroom training
  • Accompanying the delegation throughout the tour