Main form of privatization in Kazakhstan - sale of stocks at stock market - Vice-premier

27.06.02 00:00
/Kazakhstan today, June 27, 02/ - Main form of privatization in Kazakhstan became sale of stocks "at stock market under transparent and understandable procedures". Vice-premier - Minister of Finance Alexander Pavlov said it in his speech today during the joint meeting of the Parliament Chambers. According to his information to this day 85% of industrial production in Kazakhstan is conducted in privatized enterprises, and approximately 80% of GDP is formed within the private sector. A. Pavlov also noted that such infrastructure enterprises as Kazakhstan temir zholy, KEGOC and others would stay in Government control. "They will stay in the government' property for rather long time", noted vice-premier. [2002-06-27]