Uzbekistan Airways and four other enterprises may go public within the next two years
In 2027–2028, the stock market may also see listings from National Electric Grids of Uzbekistan, Uzbekhydroenergo, Uzbektelecom, and Uzpromstroybank (SQB)
On November 5 in Tashkent, the Ministry of Economy and Finance announced the preparation of five Uzbek organizations for entering the stock market. The list includes Uzbekistan Airways, National Electric Grids of Uzbekistan, Uzbekhydroenergo, Uzbektelecom, and Uzpromstroybank (SQB).
Currently, the companies and the bank are undergoing transformation and aligning their operations with the standards of international capital markets. The share offerings are planned for 2027–2028, so the IPOs have not yet been conducted.
The ministry also reported on the initial public offering of the National Investment Fund. This year, 35.45% of its shares were sold through IPOs on the London and Tashkent exchanges for $692 million.
To engage with foreign investors, an Investors Day was held on October 14, gathering over 250 international participants. During the Corporate Governance Day 2026 meeting, held on October 16, priorities for developing corporate governance were discussed.
