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Prime Minister of Kazakhstan Bakytzhan Sagintayev instructed to adhere to the approved schedules of privatization in Kazakhstan

by April 10, 2017 Legal

The Prime Minister of the Republic of Kazakhstan underlined that the new schedules for the implementation of privatization objects have been re-confirmed, and the Road Maps have been included in the State Property Register for each facility with specific terms of their implementation. In this regard, state bodies and holdings need to ensure strict compliance with the approved schedules.

Work to compile a list of objects that must remain in state property is under way. At the same time, more than one hundred objects that do not meet the principles of “Yellow Pages” will be additionally included in the list of objects subject to privatization. The stragglers of state property should be liquidated or reorganized.

In this regard, the Prime Minister of the Republic of Kazakhstan instructed the responsible state bodies, mayor’s offices and national holdings to complete this work before the end of this year.

In addition, Bakytzhan Sagintayev recalled that at an expanded meeting of the Government, the Head of State instructed to conduct an inventory of all objects with state participation in order to transfer them to a competitive environment.

Based on the results of the work, the Ministry of National Economy has already updated the list of objects subject to transfer to a competitive environment. Therefore, responsible state bodies need to keep the work in this direction under control.

Source: The Prime Minister of Kazakhstan