Uzbekistan the new frontier as Central Asia privatisations lure global money

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By Sam Kerr
02 May 2019

Uzbekistan is now the focus of emerging and frontier markets, as international investors, buoyed by the success of Kazakhstan’s privatisation programme, clamber to be in the first wave of opportunities the country is to offer, writes Sam Kerr.

“Everyone in the region thinks that Uzbekistan is going to be the next big thing and it is clearly next in line,” said an equity capital markets (ECM) originator at a large global bank.

Last week, the Uzbekistan government passed a resolution to start selling government stakes in financial ...

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