04.11.2015 - Crisis-hit Kazakhstan unveils ambitious privatisation plan
In response Umirzak Shukeyev, chief executive of Samruk-Kazyna, the national sovereign wealth fund, announced on Tuesday a privatisation programme that would involve selling some of the most valuable state-owned assets. These include KazMunaiGas, the oil and gas company; Kazakhtelecom, the largest telecoms company; Kazakhstan Temir Zholy, the railway company; Kazatomprom, the nuclear holding company; and the Samruk-Energy company. “We are just about to launch a large-scale privatisation programme,” said Mr Shukeyev. Other officials, who declined to be identified, said a preliminary list of some 60 Kazakhstan companies is to be included in the privatisation programme. There were no price details given of the assets being offered...............................................Full Article: Source
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