ANNOUNCED AS TEMPORARYNo
FDI: Treatment and operations, nes
The government of Turkmenistan has specified its procedure for the denationalisation (the transformation of state companies into joint-stock firms in which the state participates as a partner) and privatisation (the sale of state property to private individuals) of state property.
The law, in force from 1 July 2014, demands that potential foreign investors need prior approval from a specialised government agency before they may enter the bidding process.
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