Categories: Business

NWF Samruk-Kazyna to Develop Cooperation With AIFC

The Samruk-Kazyna National Welfare Fund wants to develop cooperation with the Astana International Financial Centre (AIFC) in offering the Fund’s companies’ shares, its press service said.

During his visit to the AIFC, Akhmetzhan Yessimov, Chairman of the Management Board of Samruk-Kazyna, said that the main joint task for 2020 is the upcoming placement of the Fund’s large portfolio of companies – Air Astana, KazMunayGas, Kazakhtelecom and others – on IPO/SPO as part of the privatisation programme.

With this problem solved, only one thing will remain in the Fund’s privatisation programme: placing the national carrier KTZ on IPO, which is planned for 2023.

Yessimov pointed out the great potential of the domestic financial platform, which opens up prospects for Kazakhstan’s traders.

World cities. Astana

AIFC manager Kairat Kelimbetov noted that the Samruk-Kazyna-AIFC partnership has been stable since the financial centre’s creation.

Sourse: sputniknews.com

NWF Samruk-Kazyna to Develop Cooperation With AIFC

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