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Kazakhstan discloses list of state enterprises for privatization

Kazakhstan discloses list of state enterprises for privatization

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Date: 6 January 2016 19:57

Baku, Azerbaijan, Jan. 6

By Elena Kosolapova – Trend:

The Kazakh National Economy Ministry has published a list of large state-owned organizations to be privatized in 2016-2020 by priority in accordance with the governmental resolution.

Kazakhstan Gharysh Sapary company, Kazgeology company, International center for cross-border cooperation Khorgos are among the organizations which are planned to be privatized.
The Astana international airport and the Korkyt Ata International Airport in Kyzylorda are planned to be privatized.

Moreover, such Kazakhstan's largest state-owned companies as Kazakhstan Temir Zholy company (Kazakh railways), KazMunaiGaz oil and gas company, Kazatomprom nuclear company, Samruk-Energy company, Tau-Ken Samruk mining company, Kazpost JSC and Air Astana airline are also planned to be transferred to the competitive environment through IPO.

Kazakhtelecom JSC, Qazaq Air airline, Pavlodar Airport, Aktobe International Airport, Atyrau International Airport, Aktau international sea trade port are also planned to be transferred to the competitive environment.

Among KazMunayGas’s subsidiaries, KMG International N.V., which owns the assets in Romania, the Atyrau refinery, Pavlodar Petrochemical Plant, PetroKazakhstan Oil Products (Shymkent refinery), Kazmortransflot National Maritime Shipping Company and others are also planned to be transferred to the competitive environment.

Among Kazakhstan Temir Zholy’s subsidiaries, Kaztemirtrans JSC, Passenger Transport company, Tulpar Talgo company, producing passenger carriages, JSC Lokomotiv Kurastyru Zauyty, producing locomotives and JSC Electric Locomotive Kurastyru Zauyty, producing electric locomotives are planned to be transferred to the competitive environment.

Astana Solar company, Kazakhstan Solar Silicon company, Caustic company, Housing Construction Savings Bank of Kazakhstan, Food Contract Corporation and many other companies are planned to be transferred to the competitive environment.

A complete list of the state-owned enterprises put up for privatization and offered to transfer to the competitive environment can be found here:

http://economy.gov.kz/upload/Files/Celevie_indikat_real_komp_plana_privatiz_na_2016-2020g_ru.doc

While addressing to the nation Nov. 30, Kazakh President Nursultan Nazarbayev ordered the government to work out a privatization program by including all state-owned organizations, including those as part of Samruk-Kazyna, Baiterek and KazAgro holdings.

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