Management of Samruk-Kazyna JSC summes up results for 2014
684
19 February 2015
In 2014, fund's group of companies commissioned 13 projects worth 2.9 billion dollars. More than 5.6 thousand temporary jobs and more than 1.2 thousand permanent workplaces have been created.
The Fund has developed a set of measures within the President's instructions:
-Optimization of costs by 337 billion tenge or 7%. The non-optimized expenses include salaries of production personnel, taxes and mandatory payments to the budget, amortization.
- Support of the national currency. As of March 1, 2014 the Fund's group contribution made 2 trillion 361 billion tenge, including deposits in foreign currency - 1 trillion 52 billion tenge or 44.6%. As of December 1, 2014 Group's deposits amounted to 1 trillion 985 billion tenge, including in foreign currency - 823 billion tenge or 41.5%. The work to reduce the foreign currency deposits of the Fund will be continued.
«I want to deny a rumors that the Fund's group allegedly transfers all the money in the currency, and as a result strengthens the currency expectations. The dynamics of our deposits in the currency clearly demonstrates it. The fund's currency deposits influence to the entire banking system is only 7.3%, » U. Shukeyev said.
Financing of strategic projects within SPFIID. Investment costs will be optimized by 18%, but will not affect the optimization of large-scale projects SPFIID-2, «Nurly Zhol» program, objects of «EXPO-2017» and others.
Measures to support the business will be strengthened taking into account the President's instructions. In 2014, under the Program to promote the modernization of existing and creation of new productions 13 projects were approved. Their total cost made 20 billion 756 million tenge.
According to comprehensive privatization plan till 2020 «Samruk-Kazyna» Fund sells 106 assets. In 2014, the total amount of transactions amounted to about 23.4 billion tenge, which is 1.6 times higher than their estimated value.
As part of the restructuring management levels and the number of companies in «Samruk-Kazyna» will be optimized.
The transformation program of the Fund's Group of companies launched on October 6, 2014 continues to gain momentum. On June 1st, 2015 Fund «Samruk-Kazyna» moves from the principle of operational intervention and to the professional management through the board of directors by analogy with the large market companies around the world.
The economic effect of the implementation of the transformation program for «Samruk-Kazyna» group of companies in the next few years is estimated at 100 billion tenge annually.
{{ $t('messages.news1') }}
The Cooperation Agreement and Memorandum in the Nuclear Industry: Samr...
{{ $t('messages.news1') }}
Two Documents to Have Been Signed at the Meeting of the Heads of Samru...
{{ $t('messages.news1') }}
Occupational Safety in the Samruk-Kazyna Group: Key Results and Plans
{{ $t('messages.news1') }}
The Head of Samruk-Kazyna to Meet with the Delegation from China