By 2025, Samruk-Kazyna will reduce its stake in the largest companies of Kazakhstan, initiating their privatization, IPO and SPO. This was stated today by Almassadam Satkaliyev, the CEO of Samruk-Kazyna JSC at the press briefing at the Central Communications Service (CCS) under the President of the Republic of Kazakhstan.

“At the moment, active preparatory work is underway for the IPO of KazMunayGas on the local exchanges KASE and AIX. These days, a road show starts in the cities of Kazakhstan to involve the general population. Our task is to ensure awareness and maximum coverage of the population,” - A. Satkaliyev said. 

According to him, it is planned to bring KMG, AirAstana, QazaqGaz and KTZh to the IPO by 2025, and to conduct the SPO of KEGOC. 

Samruk-Energy JSC will be divided into two enterprises. All coal assets will remain in one of them. The second company SamrukGreenCo will get all green assets, including hydroelectric power plants and renewable energy facilities. It will be launched for IPO in 2023-2024. 

At the same time, the Fund will retain controlling stakes in strategic assets.