Turkmen authorities have unveiled a list of state-owned assets set for privatization.
State-run media reports said on February 4 that the assets to be sold in the March 9 auction include a shopping center, a food-production plant, and a chain of auto-repair shops in the capital, Ashgabat.
Foreign and local investors will be allowed to participate in the auction.
President Gurbanguly Berdymukhammedov approved the program for privatizing state-owned property in November 2012.
The privatization was scheduled to start this year and is planned to be finished in 2016.
It is not clear if any of the natural-gas-rich country's energy-related assets will be included in the privatization.
Turkmenistan's privatization move is considered significant because its economy is currently almost completely state-controlled.
State-run media reports said on February 4 that the assets to be sold in the March 9 auction include a shopping center, a food-production plant, and a chain of auto-repair shops in the capital, Ashgabat.
Foreign and local investors will be allowed to participate in the auction.
President Gurbanguly Berdymukhammedov approved the program for privatizing state-owned property in November 2012.
The privatization was scheduled to start this year and is planned to be finished in 2016.
It is not clear if any of the natural-gas-rich country's energy-related assets will be included in the privatization.
Turkmenistan's privatization move is considered significant because its economy is currently almost completely state-controlled.
