• Спецпроекты
  • Weather forecast
    • Exchange Rates
    • 426.97
    • 518.76
    • 5.6
  • SEND YOUR NEWS TO US WhatsApp +7 (777) 001 44 99
  1. Main
  2. Learn
  3. Economy
  4. Companies

80 Samruk-Kazyna companies may be privatized in 2014 27 февраля 2014, 11:30

Around 80 companies that are part of Kazakhstan's Samruk-Kazyna Sovereign Wealth Fund might be privatized in 2014.
  • ПОДЕЛИТЬСЯ
  • Vkontakte
  • Facebook
  • Twitter
  • Одноклассники
  • Telegram
Новостью поделились: человек

The Chairman of Board of Samruk-Kazyna Sovereign Wealth Fund Umirzak Shukeyev. ©pm.kz The Chairman of Board of Samruk-Kazyna Sovereign Wealth Fund Umirzak Shukeyev. ©pm.kz
Around 80 companies that are part of Kazakhstan's Samruk-Kazyna Sovereign Wealth Fund might be privatized in 2014, Tengrinews reports citing the Fund's Chairman Umirzak Shukeyev. "We have chosen around 80 companies that meet the criteria. The list includes 27 companies of KazMunaiGas (national oil and gas company), 34 companies of Kazakh Temir Zholy (national railway company), 11 companies of KazAtomProm (national nuclear company), 2 companies of Kazakhstelekom (national Internet and TV provider), 8 companies of Samruk-Energo (national manager of power assets) and 1 company of KEGOC (Kazakhstan Electricity Grid Operating Company)," Shukeyev said at the meeting of Sovereign Wealth Fund. He stressed the list will be adjusted, before it will be passed to the government for final approval. The privatisation is going to start this year. The companies were selected for privatisation by the following criteria: these are state-run companies that duplicate existing private companies in their functions and that have no strategic importance for their market and are not related to ensuring the national security, national defence capacity and public order. Social significance of the companies and social support they render to the population in their current state-run form was another criteria taken into consideration. Before these companies are privatized, Kazakhstan's Anti-Monipoly Agency will have its say: it will have to provide an official conclusion that presence of the state-run companies in the particular market section is unfeasible. By Altynai Zhumzhumina


Nobel prizewinner proposes a new city in KZ
New abnormal snowfalls expected in Kazakhstan
Huge glacier retreat triggered in 1940s
Hyperloop construction begins in Las Vegas
"Moonlight" to top Spirit Awards nominations
Oil prices fall due to investors uncertainty
New dwarf galaxy discovered around Milky Way
Kanat Islam becomes a top ten WBO boxer
World oil prices continue to rise
Kazakhstan expects warming - Kazhydromet
Merkel to seek fourth term as chancellor
Sale of Tintin drawings set to break records
US, EU stocks fall as markets focus on dollar
Pacific leaders urged to defend free trade
EU warns eight nations on budget deficit
Universiade-2017: Athletic Village is ready
Bob Dylan can't make Nobel ceremony
Messi will never leave Barca - club president
Google, Facebook take aim at 'fake' news
Aerosmith announces Europe 'farewell' tour
Putin, Trump to normalise US-Russia ties
At least 10 hurt in southern Turkey blast
6.2 quake hits western Japan