Head of the State Property Management Agency reported on the implementation of the privatization program

Наталья Маркова Exclusive
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- At a meeting of the Committee of the Jogorku Kenesh, which deals with finance, budget, entrepreneurship, and competition development, the director of the State Agency for Management of State Property, Beksultan Tokonov, presented a report on the progress of the implementation of the State Property Privatization Program for 2023-2025.

As part of this program, the sale of 24 facilities is planned. Currently, 4 facilities have been successfully sold at electronic auction for a total amount of 15 billion 415 million 803 thousand 339 soms:

    1. The full package of shares of CJSC "Alfa Telecom" (MegaCom) was sold for 14 billion 800 million soms.

    2. 28.34% of the state package shares in the charter capital of LLC "Kapriz" — 106 million 830 thousand 245 soms.

    3. 70% of the shares in the charter capital of LLC "SK Resource" were sold for 41 million 750 thousand 94 soms.

    4. Buildings and structures located at: Jalal-Abad, Toktogul St., 51 (belonging to the National Security Service of Jalal-Abad Region) were sold for 93 million soms.

Additionally, by decisions of the Cabinet of Ministers of the Kyrgyz Republic, several enterprises were reorganized and transformed into open joint-stock companies while retaining 100% of state shares:

    • The resolution of the Cabinet of Ministers of the KR dated July 14, 2024, No. 413 transformed the state enterprise "Kyrgyzkomur" under the Ministry of Energy into OJSC "Kyrgyzkomur" with a charter capital of 10 billion 757 million 477 thousand 900 soms.

    • The state enterprise "Customs Infrastructure" under the State Customs Service of the Ministry of Finance became a property complex while retaining 100% of shares in state ownership, with assets worth 2 billion 279 million 381 thousand 437 soms.

    • "Ala-Too Resort" under the Office of the President was also transformed into OJSC "Ala-Too Resort", retaining 100% of shares in state ownership, with asset value amounting to 2 billion 472 million 847 thousand 35 soms.

Additionally, two facilities were included in the charter capitals of economic societies:

    • The former "Kerben" terminal, apron, land plot, navigation equipment, and special machinery were included in the charter capital of OJSC "Manas International Airport".

Regarding the 100% shares of CJSC "Kumtor Operating Company", a tender was held to assess the value of the share package (for their inclusion in the charter capital of OJSC "Kyrgyzaltyn"). A contract with LLC "Standard Group" was concluded for the amount of 357 thousand soms, and the assessment work is ongoing.

According to Tokonov, in addition to the aforementioned facilities, 7 facilities were transferred to state authorities for further use, 2 facilities were put up for auction several times but did not find buyers, and the privatization procedures for a number of other facilities are currently suspended for various reasons.
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