Tashkent, Uzbekistan (UzDaily.com) -- The government of Uzbekistan intends to place up to 5% of shares in four large companies on the international market.

This is envisaged by the Presidential Decree “On measures to transform and accelerate the processes of privatization of large enterprises with state participation.”

According to this document, during 2025, up to 5% of the shares of such companies as Navoi Mining and Metallurgical Plant, Almalyk Mining and Metallurgical Plant and Uzbektelecom will be placed through an initial public offering (IPO) on the international market.

Uzbekhydroenergo shares will be offered in a secondary public offering (SPO) on international stock markets.