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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Kazakhstan to unveil sell-off blueprint soon

Posted on 01 February 2011

Karim MasimovFrom Reuters: Kazakhstan, seeking $100 billion in foreign investment in the next decade, plans to unveil a key privatisation programmme by the end of the first quarter. The head of Kazakhstan’s sovereign wealth fund said that the sell-off - a so-called “people’s IPO” - would begin in 2012.
The country is aiming to diversify its resources-dependent economy and become a leading emerging market by 2020……………………………………….Full Article: Source


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