Kyrgyzstan returns 2,000 real estate properties to state ownership

Authorities in Kyrgyzstan have returned approximately 2,000 real estate properties to state ownership over a five-year period.

Beksultan Tokonov reported that the government reclaimed these assets through two primary methods. Officials confiscated more than 300 properties, while owners voluntarily returned more than 1,600 properties to the state. Tokonov noted that the government sometimes lacks the funds to provide a formal valuation for these specific assets. The state has already begun redistributing or selling these properties.

About 15 percent of the reclaimed assets have been sold, contributing to the sale of approximately 25.5 billion soms between 2023 and 2026. The government also transferred 25 percent of the properties to state enterprises, while 60 percent remain under the operational or indefinite management of various ministries and agencies. The state property registry currently lists about 9,500 objects across Kyrgyzstan. These actions reflect a broader effort by the government to consolidate and manage national assets.