Samruk-Kazyna sold assets for KZT 57.4 billion since 2014

Samruk-Kazyna sold assets for KZT 57.4 billion since 2014

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09 September 2015

Since the launch of the Privatization programme «Samruk-Kazyna» JSC sold 34 assets 

As from the implementation of the Privatization programme in 2014 «Samruk-Kazyna» JSC has sold 34 facilities for a total amount of KZT 57,4 billion KZT.  
"This is, first of all, a sign of a fairly high interest in the assets of «Samruk-Kazyna» JSC on the part of the business, despite the current economic situation", - was highlighted in the Fund. 
Eleven projects for a total amount of 20,9 billion KZT have been implemented during the first half of 2015. These assets were soldat the price about 4,5% higherthan the appraised value, which amounted to 20 billion KZT. 

As is well-known, the Government of the Republic of Kazakhstan jointly with «Samruk-Kazyna» JSC has developed the Comprehensive Privatization Plan for 2014-2016  within relevant execution of the order of the Head of State. In 2015, it is planned to tender about 22 assets of the  «Samruk-Kazyna» Group of companies.Implementation of the Programme aims to reduce state involvement in the economy and strengthen it by increasing share of the private sector.