Acting as the founder of joint-stock companies and limited liability partnerships, as well as republican state-owned enterprises, by decision of the Government of the Republic of Kazakhstan;

Exercising the state's right as a shareholder (participant) to participate in the management of a joint-stock company (limited liability partnership) on behalf of the Government of the Republic of Kazakhstan;

Organizing and monitoring the functioning and management effectiveness of republican state-owned enterprises, joint-stock companies, and limited liability partnerships with the participation of the Republic of Kazakhstan;

Transferring the rights of ownership and use of state-owned shares (stakes in the authorized capital) held by the Republic to the authorized body of the relevant industry by decision of the Government of the Republic of Kazakhstan;

Monitoring the timely and complete accrual and payment of dividends on shares owned by the Republic of Kazakhstan, as well as the distribution of net income among the participants of a limited liability partnership in which the Republic of Kazakhstan holds a stake.