Astana, Kazakhstan, Sept.10
By Daniyar Mukhtarov - Trend:
Samruk-Kazyna group of companies concludes assets presale preparation scheduled to be transferred in the private sector in September 2014, the deputy chairman of the Samruk-Kazyna National Welfare Fund Elena Bakhmutova told Trend Sept. 10.
"The fund plans to auction 14 companies in September 2014. Assessment procedure on the current assets is being finalized," Bakhmutova said, speaking to reporters in Astana.
.However, she noted that nine companies will be put on the sale as part of Kazakhstan Temir Joly NC JSC, two companies of Kazakhstan Engineering NC JSC, a subsidiary of KazMunaiGas NC JSC and two companies of Samruk-Kazyna.
Assets of Kazakhstan Temir Joly NC JSC will be implemented through the electronic competition, in terms of which it is proposed to include the need to maintain the profile of enterprises and workplaces. The remaining assets will be implemented also through electronic auction without any conditions, Bakhmutova said.
The fund has taken all measures to ensure maximum transparency in the process of realization of the assets, the deputy chairman of Samruk-Kazyna said.
Information on the on-sale objects is promptly updated on the site of the State Property Committee of the Ministry of Finance of Kazakhstan, and the fund is actively pursuing explanatory work with the potential investors. A specially created call-center of Samruk-Kazyna program also operates.
In order to ensure the transparency of the privatization process of Samruk-Kazyna, a commission on the sale of assets and facilities of the fund was created, which included members of the Parliament of Kazakhstan and representatives of the National Chamber of entrepreneurs.
The Government of the Republic of Kazakhstan jointly with Samruk-Kazyna JSC has developed a comprehensive privatization plan for 2014-2016 years within the framework of the implementation of the relevant order of the president. The plan comprises scheduled privatization of 106 assets and facilities of the fund, and it is scheduled to transfer 64 of them in the private sector by the end of 2014.
The program is designed to reduce the state involvement in the economy and strengthen its foundations by increasing the share of the private sector in it.