MOSCOW, Nov. 25 (Xinhua) -- Government assets worth 2.6 billion U.S. dollars will be sold off under a 2010 privatization plan endorsed by the Russian Government on Tuesday, according to Economic Development Minister Elvira Nabiullina.
According to the minister, 28 enterprises previously listed as strategic will be privatized, providing the government with revenue of 1.9 billion dollars.
Additionally, the government will sell stakes in 449 joint stock companies and five large state-owned enterprises operating in the areas of ports, airports, shipping and oil, said Nabiullina.
The 2010 privatization program aimed to get rid of excessive state property, drawing more investment to increase fiscal income, improving management efficiency and optimizing the competitive environment.
Prime Minister Vladimir Putin said in October that, under Russia's next round of privatization program, state property must be sold "at real market prices" and "without any discount."
Putin said the privatization program would be regarded as one crucial source for national income.
At present, the Russian government holds stakes in around 5,500 enterprises.
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