Government Operation, Run By The Government, Government Run
Managed by the government? Then it is run by government management or it is a government operation.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
I work in a government-owned factory.
There was a huge reaction to the president's proposal to make Tofugu a government-run institution.
I still don’t understand why Japan Post needed to change from government management to private management.