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29 Февраля, 2016 15:41

KCM invested kzt 27 bln in its subsidiaries in 2015

"Kazyna Capital Management" JSC is a 100% subsidiary of " Baiterek " Holding JSC invested 27 billion tenge in its subsidiary in 2015, Chairman of the Board of " Kazyna Capital Management " JSC Almas Agibaev said during a press conference.
KCM invested kzt 27 bln in its subsidiaries in 2015 | Strategy2050.kz

"So, in 2015, KCM investment funds amounted to 27 billion tenge, 35% of all investments for the entire period since 2007", - A. Agibaev said.

The most part of these investments was directed to the Kazakh project companies: total 12 projects have been invested, 10 - in Kazakhstan. It is allowed to bring the share of Kazakhstan's projects in the investment portfolio of the KCM to the level of more than 65%.

It should be noted that "Kazyna Capital Management" JSC - a fund of funds, created in May 2007 at the initiative of the President of the Republic of Kazakhstan. The main activity - to attract foreign investment in order to create mutual funds, aimed at providing capital to enterprises in the most dynamic sectors of the Kazakhstan economy.

The company's mission - to promote the development of an efficient market private equity (Private Equity) in Kazakhstan.

Indira Kaumetova

chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan