Kazakhstan Chamber of Commerce in the USA

KazCham



Kazakhstan approves list of state companies offered for privatisation 0

Posted on January 14, 2016 by KazCham

Colibri Law FirmĀ BI@colibrilaw.com

The government of Kazakhstan has approved a list of state companies to be offered for privatisation as part of its long-term privatisation plan for 2016-2020.

The plan approves a list of large state-owned companies and organisations that will be privatised, and includes the pharmaceutical company SK-Pharmacy, national space company Kazakhstan Garysh Sapary, state road enterprise Kazakhavtodor, Khorgos international centre of cross-border cooperation, the airport of Astana, the Almaty sanatorium, the Kazakh national film studio, the airports of Kostanai and Petropavlovsk, the Korkyt Ata airport in Kyzylorda, and the Duman entertainment centre in Astana.

The list for priority privatisation also includes the national railway company Kazakhstan Temir Zholy (through IPO), national oil and gas company KazMunayGas (IPO), national atomic company Kazatomprom (IPO), national post service Kazpost (IPO), airlines Air Astana (IPO) and Qazaq Air, national telecommunications operator Kazakhtelecom, the airports of Aktobe, Atyrau and Pavlodar, the Aktau international seaport, and the national agricultural holding KazAgro.

Kazakhstan plans to attract $2 billion from World Bank for agriculture development 0

Posted on December 19, 2015 by KazCham

Colibri Law Firm BI@colibrilaw.com

The Kazakh National Holding KazAgro plans to attract $2 billion in funds from the World Bank for 35 years for lending to the agro-industrial complex, according to the Chairman of the National Holding Nurlybek Malelov.

According to the chairman, the loan will provide a twofold increase in lending to the agricultural sector, without attracting funds from the budget.



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