Kazakhstan will continue privatization - Nazarbaev

/IRBIS, Feb 09, 00/ - REUTERS cites the speech of Nursultan Nazarbaev at the today's meeting of Government of Kazakhstan. The President has required to define what will remains as the exclusive state property, and to privatize the rest. He also criticized government for absence of transparency at the state property sale. "Let's clarify by middle of this year. And no any closed tender, when something is decided under blanket..." - has told the President. The Prime minister of Kazakhstan Kasymzhomart Tokaev considers that the national companies - natural monopolies: Kaztransoil, Kazakoil, KEGOC (electrical networks management company), railway, Kazaeronavigation and some other backbone objects. The present year, on Tokaev words, will pass "in an atmosphere of intensive privatization". As he said, the government will continue the sale of state securities blocks of blue chips, which within two years could not be sold because of world crisis consequences. In the prime list of these enterprises are included copper smelter Kazakmys, oil-extracting Mangistaumunaigaz, Aktobemunajgaz, and also Kaztsink, Ust'- Kamenogorsk titanium- magnesium combine. On words of the Premiere, the choice of the privatization advisers is completed. Capabilities of the blue chips shares placement at the stock market among domestic institutional investors, first of all pension funds, are also studied, - has told Tokaev. As he said, in the present year it is necessary to finish privatization of large state objects, first of all of the regional electrical network companies. Premieres has informed that the part of state blocks will be sold through the direct transactions with the companies, and the rest - at the stock market. As it was informed earlier, the government expects to receive from privatization in 2000 more than $400 millions.