Kazakhstan Chamber of Commerce in the USA

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Some 590 communal enterprises put up for privatization in Kazakhstan

Posted on August 10, 2014 by KazCham

Business Intelligence from Colibri Law Firm: Issue #91 

Some 590 companies of 6,000 communal enterprises and social corporations operating in Kazakhstan were chosen for privatization, chairman of the Agency for Competition Protection Galim Orazbakov said at a briefing in Astana on Aug. 4.

“Of course, one of the main criteria while making a decision on the need of the privatization of the communal enterprise is physical entities or private legal entities engaged in similar activity on this market,” he said. “Thus, the organizations rendering the services on language learning were recommended for privatization,” he said.

Holding the second stage of privatization is aimed at reducing the state’s presence in the entrepreneurship.

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