Samruk-Kazyna sold 120 companies for 17 billion KZT


Almaty. 17 April. — 17.2 billion was raised by Samruk-Kazyna for the sale of 120 small and medium-sized enterprises. 

The largest transaction to date is the sale of a 50% stake in Kaztemirtrans to Astyk-Trans for KZT5.25 bln.

In «Samruk-Kazyna» noted that all enterprises sold or shares in them are small in size. For the most part, assets were sold to Kazakhstani investors or a second participant in the companies. Transactions were made at the electronic auction of the Ministry of Finance.

«As part of the privatization program, this tool is used to sell small and medium-sized enterprises that do not require special pre-sale training and can be liquidated or reorganized in case of unclaimedness,» the fund added.

According to Samruk-Kazyna, most foreign investors show interest in large companies. These enterprises from the list of privatized companies are planned to be sold in whole or in part to strategic investors. In addition, public-private partnerships will be considered. In the years 2018-2020, nine large companies are planned to be implemented.