After 2015 the Government will be considering the possibility of bringing shares of "KazMunaiGaz" JCS and "Kazatomprom" NAC to the IPO

23.08.11 16:25
/IRBIS, August 23, 2011/ - After 2015, the Government will consider the possibility to bring to market in the framework of the program "The People's IPO" shares of "KMG" JSC and "NAC "Kazatomprom", said today the Minister of Economic Development and Trade of the Republic of Kazakhstan Kairat Kelimbetov at a cabinet meeting. "After 2015, we intend to consider the possibility of bringing to the IPO companies such as JSC "KMG" and "Kazatomprom", - the minister said. According to the minister, the government decided on the candidates-state companies whose shares are to be brought on the market within the program "The People's IPO". In this state-owned companies were divided into three echelons: the first echelon includes JSC "KazTransOil", JSC "KEGOC", JSC "Air Astana", the second tier - JSC "KazTransGas", JSC "Kazmortransflot", "Samruk-Energo", the third tier - JSC "Kazakhstan Temir Joly", JSC "Kaztemirtrans". Companies of first-tier will be brought to market in the second and third quarters of 2012, the second tier - in 2013, the third wave - in 2014-15, respectively. [2011-08-23]