• KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10860
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
05 November 2026

Viewing results 1 - 6 of 2

Tashkent Faces Kindergarten Shortage as Authorities Propose Sales

Uzbekistan has earmarked kindergartens for possible sale, including some still in use, even as Tashkent faces a shortage of 65,000 preschool places. Officials say the properties must continue to be used as kindergartens, but have not said how much their new owners could charge parents. Gazeta.uz reported plans to sell around ten kindergartens following an October 8 press conference held by Sohibjon Murodov, director of the State Assets Management Agency. The published privatization list includes state kindergarten No. 58 in Tashkent’s Yakkasaroy district, which has a capacity of 120 children. Murodov said the building is very old and claimed that it does not even have a foundation. The children are to be transferred to a new state kindergarten with 720 places, currently under construction in the same neighborhood. The vacated 0.56-hectare plot is expected to be sold on the condition that a private kindergarten is established there. Murodov said the Yakkasaroy property had not yet been put up for auction and that inclusion on the privatization list does not necessarily mean a property will be sold. If residents' objections are found to be justified, individual properties could be removed from the program in coordination with the Presidential Administration. In Kashkadarya Region, another kindergarten on the list belongs to a state-owned oil and gas company but is already leased to a private operator. Selling it would therefore transfer ownership of a facility that is already privately run. The proposed sales have also exposed differences between national and city authorities. Tashkent Mayor Shavkat Umurzakov opposes transferring land belonging to state schools and kindergartens to private education projects, including through public-private partnerships. He argues that such sites should be reserved for state institutions. The State Assets Management Agency, by contrast, allows kindergarten properties to be sold provided they retain their educational purpose. The potential cost to parents is a particular concern. According to an estimate based on crowdsourced data cited by Anhor.uz, the average monthly fee for a private kindergarten in Tashkent was around 3.8 million soums (approximately $315) in May 2026. Fees at state kindergartens are regulated by the government and increased by approximately 6.8% in September 2026. Even after the increase, a standard nine-hour place in Tashkent costs around 290,500 soums ($24) a month, less than one-tenth of the estimated private-sector average. Tashkent authorities plan to create 40,000 additional places by 2030 and increase preschool enrollment to 92%. In October, plans for 28 new institutions with a combined capacity of 16,000 places were presented to the president. Even so, the proposed 40,000 new places would be 25,000 fewer than the city's estimated current shortage, although demand may change by 2030. According to city administration figures reported by Gazeta.uz, preschool enrollment rates in 11 of the capital's 12 districts are projected to be lower in 2026 than in 2023. The largest declines are projected in Sergeli, Yakkasaroy, and Bektemir districts. Authorities have not explained the reasons. Across Uzbekistan, however, preschool enrollment rose from 27% in 2017 to approximately 75% in 2025, according...

Uzbekistan Confirms Cancellation of Saneg Oil Licenses

Uzbekistan has revoked some oil-field licenses held by Sanoat Energetika Guruhi (Saneg), a major Uzbek private oil and gas producer, after the company failed to develop deposits and meet licensing conditions. The move is another setback for the company, formerly known as Jizzakh Petroleum, following the collapse of its $100 million agreement to purchase the Fergana Oil Refinery. When the refinery sale was announced in 2022, Saneg was reported to account for approximately 80% of Uzbekistan's oil production and hold development rights to 103 oil and gas fields. Officials have not said how many licenses have been canceled, which fields are affected, or what impact the decision will have on the company's operations. Speaking at an October 8 press conference, Sohibjon Murodov, director of the State Assets Management Agency, said the affected deposits had not been developed and licensing conditions had not been met. He did not disclose when the licenses were canceled. The Ministry of Mining Industry and Geology is now preparing measures for the affected fields. Asked why Saneg had originally received development rights without competitive auctions, Murodov explained that under the previous system, the first applicant could obtain a license after paying the prescribed fees. Auctions for hydrocarbon licenses were introduced in 2023–2024. He stressed that the deposits themselves had remained state property. A Privatization Reversed The government transferred management of the Fergana refinery to Saneg, then operating as Jizzakh Petroleum, in 2020. In May 2022, it announced the $100 million sale, accompanied by a separate commitment to invest $380 million in modernization. The transaction was intended to address longstanding problems. Reporting at the time described shortages of raw materials and said the refinery had not undergone major modernization or reconstruction for two decades. Saneg's investment commitments covered improvements to fuel production and processing facilities. Despite the announced sale, the state still held 58.5% of the refinery in May 2026, while Saneg owned 41.5%. By June, the State Assets Management Agency was its sole owner, according to registry information reported by Interfax. Explaining the termination in October, Murodov said financial difficulties in the investor's other projects had prevented it from making purchase payments on time. The contract allowed termination if payments were three months overdue, he said. The agency consulted international legal advisers and notified Saneg before ending the agreement. Saneg had previously maintained that it had fulfilled its payment and investment obligations, according to Interfax's June report. However, the amount of the overdue payments remains unclear, as does how earlier payments and investments will be treated and how much modernization work was completed. State-Directed Debt Recovery The state had already intervened in January to address financial problems at Saneg, oilfield services company Eriell, and engineering contractor Enter Engineering. Uzbek reporting has linked all three businesses to businessman Bakhtiyor Fozilov. A January 22 government resolution recorded combined unpaid wages of approximately $131 million owed to 38,700 employees across the three companies, according to reporting by Spot in March. The government ordered the sale of non-core assets to...