Sponsors / About Samruk-Kazyna

samrukFACTS AND FIGURES
* 20% of the national GDP applied by the Fund within the Anti-Recessionary Program
* Sumruk-Kazyna employs more than 240 000 people (3.5% of overall manpower in Kazakhstan)
* Represents 60% of the deposit base in Kazakhstan
* 157 large-scale strategic investment projects amounting to $109 bln
* $13 bln of attracted by Samruk-Kazyna investments into the economy of Kazakhstan in 2008-2009

The key area for Samruk-Kazyna and Companies shall be modernization and diversification of Kazakhstan’s economy. National Welfare Fund Samruk-Kazyna was established in October 2008 by merge of the National Holding for the Management of State Assets – SAMRUK and Sustainable Development Fund – KAZYNA.

Samruk-Kazyna is established in order to enhance competitiveness and sustainability of the national economy and prevent any potential negative impact of changes in the world markets on economic growth of Kazakhstan. The key purpose of Samruk-Kazyna is to manage shares of national development institutions, national companies and other subsidiaries in order to maximize their long-term value and their competitiveness in the global market.

Samruk-Kazyna relies on the following key principles:
- safeguarding interests of the state as the sole shareholder of Samruk-Kazyna;
- transparency, efficiency and flexibility of Samruk-Kazyna and Companies;
- systemic and effective manner of decision-making and execution;
- commitment and accountability.

Samruk-Kazyna operates in the following main directions:
- support to modernization and diversification of national economy;
- support to economic stabilization in the country;
- enhancing efficiency of the Companies.

Samruk-Kazyna is to provide maximum support to the Government of Kazakhstan, promptly and efficiently responding to the needs in attracting investments into real economy, becoming more active in the regions, strengthening inter-industry and inter-regional links and making maximum use of available advantages and opportunities.

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