Bishkek hospitals may be transferred to investors along with land

Kyrgyzstan's President Sadyr Japarov has authorized a significant expansion of state property transfers to investors, including healthcare facilities and administrative buildings. A new decree allows for the alienation of these state-owned assets, along with their land, under investment agreements.

A key aspect of this decree targets the Bishkek medical town project. Existing state hospital and clinic properties, including the land they occupy, can now be transferred to investors through direct negotiations with the Cabinet of Ministers. These agreements may even permit investors to demolish existing structures at their own expense.

The transfer of medical institutions to the new medical town will occur in phases. Once a facility is handed over to an investor, the institution must be fully relocated to the new site within two years. A similar mechanism is being proposed for administrative buildings, including those designated as historical or cultural heritage sites, if they are deemed necessary for investment projects.

The Cabinet of Ministers is tasked with developing the necessary regulations, conducting independent market value assessments for the properties and land, and establishing a special account to track proceeds from the sale of state medical institutions' assets. The decree will take effect ten days after its official publication.