Take everything from private owners? More and more property is becoming state-owned

Наталья Маркова Economy
VK X OK WhatsApp Telegram
In the last five years, the authorities of Kyrgyzstan have actively been returning to state ownership property that was seized as part of high-profile criminal cases. However, it later became clear that the state could take not only enterprises but also any property if it turns out that it was illegally sold or removed from state ownership.

Sometimes it seems that there is very little private property left in the country. It is unclear what happens to the properties that are transferred to state ownership. Although sometimes the State Committee for National Security (GKNB) or the Prosecutor General's Office share plans for the future of these properties, this is more of an exception. Accurate information about the number of nationalized properties and their value is lacking, as there are no open databases or reports from government agencies.

Kaktus.media conducted an analysis of official statements from government bodies and calculated how many properties and for what amount were returned over the past five years.

Ministries and the Mayor's Office are also involved

In the final quarter of 2025, the state returned 99 properties from private owners. Government agencies were most active in October, when almost half of all properties returned with violations were recorded. At the same time, in December, the amount of returned property significantly decreased.

Throughout the past year, among the returned properties were also apartments (55) and various buildings (18). It is worth noting that apartments are often seized after the construction of multi-story buildings on illegally privatized plots of kindergartens. They are not required to demolish the constructed properties, but new owners compensate for the damage by transferring part of the living space to the state.

Most likely, these properties will either be resold or transferred to the State Mortgage Company for construction. This was the case, for example, with the former Bishkek liquor and vodka plant, the plot of which, valued at over 610 million soms, was returned in December 2024. It was previously owned by the family of former Speaker of the Jogorku Kenesh Chynybai Tursunbekov, and in the fall of 2025, the Cabinet of Ministers transferred it to the authorized capital of the State Mortgage Company.

Increase in state assets

When the first reports of the nationalization of certain properties began to appear in 2021, no one could have predicted what this would lead to. Initially, it was about the return of property related to high-profile criminal cases.

Despite the slowdown in the process in 2022-2023, there has been an acceleration in the last two years. Data shows that last year, twice as many properties transitioned to state ownership as in the previous four years combined.

Among the most expensive nationalized properties in the last five years are:

Government agencies have announced the value of about half of the returned properties, suggesting that the actual value of all assets returned by the authorities from 2021 to 2025 could reach 100 billion soms (over $1.1 billion).

Take everything from private owners? More and more property is becoming state-owned
It is expected that the most properties were returned in the Chui region, both in terms of quantity and total value and area. Meanwhile, the Talas and Naryn regions remain areas with the least amount of illegally transferred property, where the number of nationalized properties is eight and ten times less than in the Chui region, respectively.

In the last five years, more than 30 plots of land with a total area of over 7,500 hectares and a value of nearly 15 billion soms have transitioned to state ownership. The assets also included 55 apartments, 27 kindergartens, six schools, 17 factories, and ten markets. In major cities, buildings of bus stations have been returned from private owners, and recreation centers, holiday homes, and children's camps are regularly transferred, some of which become departmental recreation centers for employees of state structures.

It should be noted that there is no complete open database of returned properties, and it is unclear what happens to the seized property. Properties transferred to the State Agency for Management of State Property are periodically put up for auction or transferred to the balance of government agencies by decisions of the Cabinet of Ministers. However, there are also those that are returned to local authorities, and no one knows how they manage the received property.

At the beginning of last year, a group of deputies proposed to declare an amnesty for certain properties privatized from August 1991 to January 1, 2025. The document was adopted in the first reading only in September 2025. After that, the Jogorku Kenesh announced its self-dissolution, and a new composition was elected, which has not yet returned to discussing this initiative.
VK X OK WhatsApp Telegram

Read also: