The privatization of state-owned companies in Kazakhstan is in its second stage and Samruk-Kazyna JSC is actively participating in it as an owner of many state assets.
As part of the comprehensive privatization programme for 2016-2020, Samruk-Kazyna JSC plans to divest 200 assets:
The following 6 out of 44 will go public IPO: Kazatomprom, Air Astana, Kazakhtelecom, Kazakhstan Temir Zholy, KazMunaiGas, Kazpost.
These assets will go on sale mostly through electronic auction.
If there are no similar companies on the market, or the company has strategic and social significance, it can be privatized partially, either through stock market or through auction/bidding with possible attraction of a strategic investor.
to invest in key industries of Kazakhstan’s economy
to purchase profitable assets in Kazakhstan
optimization of asset structure
transfer of technologies and capital into the companies
fostering development of Kazakhstan stock market
improvement of corporate governance, transparency and performance of the companies
incentives for development of small and medium enterprises