Uzbekistan Plans First State-Owned IPOs by 2027, Uzbektelecom Among Candidates

Uzbekistan's National Investment Fund (UzNIF) plans to conduct its first two IPOs of portfolio companies by 2027, with Uzbektelecom as a candidate, according to Templeton's Central Asia CEO. This marks a shift toward privatization and capital market development in Uzbekistan, though details on valuation and timing remain uncertain. The move signals growing investor interest in Central Asian state assets.

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