Home > Kazakhstan > Deferral of the Privatisation of KazMunaiGas, Air Astana and (...)

Wednesday 10 June 2020

Deferral of the Privatisation of KazMunaiGas, Air Astana and KTZ

Keywords:

  0 forum post

NUR-SULTAN / ex ASTANA (Satrapia) — The meeting of the State Economic Modernisation Commission, chaired by Prime Minister Askar Mamin, discussed the privatisation of the assets of Samruk-Kazyna, deciding to delay the privatization plan..

Due to the high volatility of international financial markets, falling energy prices and the global economic slowdown, it was decided to postpone until 2021-2023 the transfer to the competitive sector of a number of strategic assets such as Kazmunaigas, Air Astana, Tau Ken Samruk , Qazaq Air, Samruk-Energy, Kazakhstan Temir Zholy and many others.

The overall privatisation plan 2016-2020 includes 167 assets of the Samruk-Kazyna NWF joint stock company. So far, the transfer of 138 assets has been completed. 21 companies are in the process of sale, reorganisation or simply liquidation.


Any message or comments?

pre-moderation

This forum is moderated before publication: your contribution will only appear after being validated by an administrator.

Who are you?
Your post

To create paragraphs, just leave blank lines.