The Cabinet of Ministers has approved a proposal presented by the President, in his capacity as the Minister of Finance, Plan Implementation, and Economic Development, to draft a new bill aimed at preventing the nationalization of private properties and ensuring policy stability for investments.
This initiative fulfills a commitment made in the 2025 Budget to introduce legislation that safeguards private enterprises and properties from arbitrary nationalization, establishes an Investment Security Board to resolve disputes, and promotes policy predictability for investors.
To advance the proposal, a committee of officials was appointed to prepare a concept paper outlining the framework of the proposed law.
Based on the committee’s recommendations, the Cabinet has now authorized the President’s proposal to instruct the Legal Draftsman’s Department to draft the Investment Security Bill.
