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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Kazakhstan’s state wealth fund plans sell-offs, debt issues

Posted on 30 April 2014

Kazakhstan’s sovereign wealth fund has drawn up a privatisation programme, planning to sell off state-controlled assets in the oil and gas, nuclear and railway industries worth around $10 billion by 2020. Companies within Samruk-Kazyna also plan to borrow about $8 billion on domestic and foreign markets in the next two years to help fund their projects, the fund’s Financial Director Nurlan Rakhmetov told Reuters in an interview.
Samruk-Kazyna manages nearly 600 assets worth around $100 billion. Its assets include national oil and gas company KazMunaiGas, state uranium company Kazatomprom and state railway company Kazakhstan Temir Zholy………………………………………..Full Article: Source


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