Sovereign Wealth Fund «Samruk-Kazyna» JSC
Sovereign Wealth Fund Samruk-Kazyna Joint Stock Company is the Fund, where the sole shareholder is the Government of the Republic of Kazakhstan.
Following the Presidential Decree in 2008, the Fund was established as a business corporation — an investment holding, whose Mission is to improve the national welfare of the Republic of Kazakhstan and to support the modernization of the national economy.
The mission of Samruk-Kazyna JSC is to improve the sovereign welfare of the Republic of Kazakhstan and ensuring long-term sustainability for future generations.
Samruk-Kazyna JSC Group includes enterprises operating in a number of industries – oil, transport and logistics, chemical and nuclear, mining and smelting,energy, mechanical engineering and real estate.
In 2018, a new Development Strategy of the Fund for 10 years was approved. As part of the new Development Strategy, the Fund has identified its three strategic goals - company efficiency, portfolio management and sustainable development.
According to the results of 2018, Samruk-Kazyna JSC and its portfolio companies share in the economy of the Republic of Kazakhstan has amounted to KZT 4 trillion.
In 2018, the Fund achieved growth in all key strategic indicators and ended the year with a positive financial result. Consolidated net income per share of the shareholder in 2018 amounted to 1,141 bln KZT, exceeding the 2017 indicator by 534 bln KZT.
The amount of dividends increased more than twofold and made KZT296 billion. The debt size of the Fund’s portfolio companies decreased by KZT1 trillion. The external debt has decreased by USD4 billion.
