The Ministry of Finance and Economy of Turkmenistan has announced an auction for the sale of 41 state-owned properties.
A list of assets slated for privatization was published on Wednesday in the Neutral Turkmenistan newspaper. The auction is set to take place on November 15, 2024, through a digital government property auction platform and its mobile application.
Among the prominent properties up for auction are a brick workshop located in the village of Hendekli in Berzen, Dayhan district of Lebap province, covering 3,967 square meters; the Döwrebap shopping and entertainment center (8,800 sq m); a two-story building in Lebap province; and a pipe factory in Dashoguz province (6,400 sq m).
The auction will also feature a variety of service sector properties, including stores, cafes, dining facilities, administrative buildings, and manufacturing sites.
According to established regulations, Turkmen citizens, foreign nationals, and non-state legal entities from Turkmenistan and other countries are eligible to participate in the auction.
For further information on participation requirements and details about the properties available for privatization, interested parties can consult the Property Relations and Entrepreneurship Support Department of the Ministry of Finance and Economy of Turkmenistan, as well as the respective Property Relations and Entrepreneurship Support departments in the provinces and Ashgabat.
