Kazakhstan Chamber of Commerce in the USA


Largest Kazakh national holdings may be liquidated 0

Posted on December 15, 2015 by KazCham

Colibri Law Firm BI@colibrilaw.com

The Samruk Kazyna, Baiterek and KazAgro national holdings will be featured in the new privatisation programme, after which they will either be transformed into lean organisations or liquidated, according to the Kazakh President Nursultan Nazarbayev.

The assets of the Samruk-Kazyna national welfare fund include: the KazMunaiGas national oil and gas company, the Kazakhstan Temir Zholy railway operator, Kazakhstan Electricity Grid Operating Company (KEGOC), Kazakhtelecom telecommunications operator, and the Kazatomprom national nuclear company.

The Baiterek national management holding includes: JSC Development Bank of Kazakhstan, JSC Investment Fund of Kazakhstan, JSC Housing Construction and Savings Bank, JSC Kazakhstan Mortgage Company, JSC KazExportGarant, JSC Entrepreneurship Development Fund Damu, JSC National Agency for Technological Development, JSC Kazakh Fund of Mortgage Guarantees, JSC Kazyna Capital Management, JSC Baiterek Development, and JSC Public Private Partnership Advisory Center.

The KazAgro National management holding includes: the National company Food Contract Corporation JSC, KazAgroProduct JSC, KazAgroFinance JSC, Agrarian credit corporation JSC, Fund for Financial Support of Agriculture JSC, KazAgroGarant JSC and Kazagromarketing JSC.


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