Nearly 300 state-owned objects privatized in Kazakhstan
Baku, Azerbaijan, Aug. 17
By Elena Kosolapova – Trend:
As much as 292 state-owned objects and facilities have been privatized in Kazakhstan as of Aug. 16, Kazakh Finance Ministry reported on Aug. 17.
Kazakh state budget got 6.99 billion tenges (343.73 tenges = $1) from privatization deals reached in this period, while the regional budgets received 4.69 billion tenges, national holdings got 67.42 billion tenges, and the socio-entrepreneurial corporations received 6.2 billion tenges.
Kazakhstan plans to sell 1,008 state-owned objects and facilities to private owners within the privatization plan for 2014-2020, Kazakh finance ministry said.
The privatization program was initiated by Kazakh President Nursultan Nazarbayev.
Within the privatization plan, Kazakhstan will transfer such large state-owned companies as Kazakhstan Railways, KazMunaiGas, Kazatomprom, Samruk-Energy, Tau-Ken Samruk, Kazpost, Air Astana, Kazgeology, Kazmortransflot National Maritime Shipping Company, Atyrau Refinery, Pavlodar Petrochemical Plant, and PetroKazakhstan Oil Products to a competitive environment.