Privatization of 50 assets of NWF Samruk-Kazyna to finish before year-end

25 May, 2018, 10:24 416
Privatization of 50 assets of NWF Samruk-Kazyna to finish before year-end

Akhmetzhan Yessimov called on Russian investors to take an active part in the ongoing privatization.

It was said by chairman of the Board of the Fund Akhmetzhan Yessimov speaking at the International Economic Forum-2018 held May 24-26 in Saint Petersburg. The head of the Fund called on Russian investors to take an active part in the ongoing privatization.

“The Samruk-Kazyna Fund has the largest portfolio of high-quality assets of Kazakhstan for 74 billion US dollars and covers various sectors of economy. In the present year, we plan to finish the privatization of 50 assets that include large, medium and small companies,” said Akhmetzhan Yessimov.

According to BNews.kz correspondent, the Investor’s Day of Samruk-Kazyna JSC within the forum is devoted too investment opportunities as part of the implementation of the program for the privatization of government assets in Kazakhstan.

As of today, the Fund’s assets subject to the privatization are divided into two lists, one of which includes 48 large companies and 167 medium and small enterprises. Akhmetzhan Yessimov underlined that the privatization program gave a good opportunity to do a profitable investment in the Fund’s companies.  

The International Business Community was presented with investment projects of a group of companies of the Fund that are implemented in the energy, petrochemistry, mining, transport and logistics spheres.

The leadership of the Fund pointed out that all assets were properly prepared before entering the market. In particular, it was facilitated by the Transformation Program of groups of companies of Samruk-Kazyna. Following the panel session, B2B meetings with all interested investors and potential strategic partners will be held as part of the three-day forum.