President of Kazakhstan receives CEO of “Samruk-Kazyna” JSC Umirzak Shukeyev

During the meeting the Head of State was informed about the Fund’s development indicators according to the results of 2016.

Also U. Shukeyev reported to the Kazakh President on the progress of the assets privatization and operations of power plants owned by “Samruk-Kazyna”. To date, from 217 Fund’s facilities for sale 120 have already been siphoned off.

- 70% of the facilities from the second list have been realized, and there are negotiations with foreign investors on 11 major sites from the first list, said the Chairman of «Samruk-Kazyna» Board.

The Head of State noted that the original task had been creation of a holding company in Kazakhstan, according to Singapore «Temasek» Fund model, stressing in that respect the importance of appropriate qualitative transformation of «Samruk-Kazyna».

Specific instructions have been given after the meeting.

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