The Kyrgyz parliament has approved a proposal from the government to privatise state-owned operator Megacom, Tazabek reported.
Kyrgyzstan's state property management fund has been unsuccessfully attempting to offload the state’s stake in Megacom for over a decade.
Previous attempts to accomplish this have included auctions that ultimately failed.
Related Articles
Unusually intense heatwave hit Central Asia in March, may impact crop yields
Central Asia experienced an unusually intense heatwave in March that could have an impact on agricultural crop yields, according to an April 4 ... more
Russia’s expulsions of migrants reportedly nearly double in 2024 to around 80,000
Russia in 2024 expelled more than 80,000 migrants for immigration rule violations, compared to 44,200 in 2023 and 26,600 in 2022, TASS reported on January 8. The Russian state news agency cited a ... more
Central Asian unified electricity trade platform will boost renewables, says Uzbek energy official
Central Asia is working to achieve a unified electricity trade platform to improve regional trade and meet the growing demand for renewable energy, according to Uzbekistan’s Deputy Minister for ... more