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He also admitted that national companies that are part of Samruk-Kazyna do not introduce innovations.
With its 1.2 billion tons of oil and condensed gas and 1.35 trillion cubic meters of gas, Karachaganak is one of the largest O&G fields in the world.
Aidan Karibzhanov talked about differences of western and estern stock markets after the first Asian forum on investments and capital in Hong Kong.
However, should the crisis be lingering, we will have to review approaches to the budgeting process: Samruk – Kazyna Sovereign Wealth Fund Vice Chairman of the Board.
Samruk-Kazyna Sovereign Wealth Fund has come with a program to support construction of affordable housing.
During the visit I got convinced that Kazakhstan does have a favorable legal framework for foreign investments: Tian Guoli.
It is expected to invest into major industries of Kyrgyzstan.
Samruk Kazyna will form a personnel reserve of school and university students from those who get into the final of the Innovative Kazakhstan competition.
No final decision has been taken yet. However, it is clear that Samruk-Kazyna Sovereign Wealth Fund will retain its majority stake: Peter Foster, Air Astana President.
Chairman of the Board of Samruk Kazyna Sovereign Wealth Fund and President of Nazarbayev University signed a memorandum of cooperation.
Samruk-Kazyna is a joint stock company in Kazakhstan which owns, either in whole or in part, many important companies in the country, including the national rail and postal service, the state oil and gas company KazMunayGas, the state uranium company Kazatomprom, Air Astana, and numerous financial groups.
To facilitate the IPO Program, some laws should be amended, notably on subsurface use, railways transport, on power industry, on state-run property, on Samruk-Kazyna Sovereign Wealth Fund and some others: Economy Minister.
As a patriot of the national currency, I believe the Kazakh tenge is very stable. All the fundamentals of the national economy are well-balanced today: Vice Chairman of the Board at Samruk-Kazyna Sovereign Wealth Fund.
Samruk-Kazyna in cooperation with private partners is ready to construct 2 million square meters of housing within 3-4 years.
Common people are not professional investors. Offering high-risk-involving assets would be not correct: Vice Chairman of the Board at Samruk-Kazyna Sovereign Wealth Fund.
Nursultan Nazarbayev decreed to transfer stakes in subsidiaries of Samruk Kazyna Sovereign Wealth Fund Kazakhstan Ministries for management.
To improve performance of the bank its current CEO Anvar Saidenov will replace Arman Dunayev as the Chairman of the Board.
According to him, talking [of successors] with the incumbent president in place is not quite correct.
According to the Program, IPOs will be stagedly run starting from 2012.
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