Since the start of privatization programme Samruk-Kazyna sold 35 assets

Since the start of privatization programme Samruk-Kazyna sold 35 assets

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23 November 2015

The total amount from the sale of objects was 49,5 billion KZT 
As from the implementation of the Privatization programme in 2014 «Samruk-Kazyna» JSC has sold 35 facilities for a total amount of 49,5 billion KZT. 

Eleven projects for a total amount of 26,5 billion KZT have been implemented by November of this year. These assets were soldat the price about 3,9% higher than the appraised value, which amounted to 25,5 billion KZT. 

As is well-known, the Government of the Republic of Kazakhstan jointly with «Samruk-Kazyna» JSC has developed the Comprehensive Privatization Plan for 2014-2016  within relevant execution of the order of the Head of State. Implementation of the Programme aims to reduce state involvement in the economy and strengthen it by increasing share of the private sector.