Privatization

To further reduce the state's share of the economy, a Comprehensive Privatization Plan for 2021-2025 (hereinafter referred to as the Comprehensive Plan) was adopted in 2020. It was approved by the Supreme Council for Reforms under the President of the Republic of Kazakhstan and ratified by Government Resolution No. 908 of December 29, 2020.

Currently, the Comprehensive Plan includes 637 state-owned and quasi-public sector assets, including 5 republican-owned assets, 219 municipal assets, 265 national holdings and companies, and 148 agricultural production cooperatives.

According to the State Property Registry website, as of March 17, 2025, of the 637 assets included in the Comprehensive Plan:

392 assets worth 918.3 billion tenge have been transferred to the competitive market (3 assets of the republic worth 6.4 billion tenge, 144 municipal assets worth 9.5 billion tenge, 129 assets of national holdings and companies worth 900.6 billion tenge (including the IPO/SPO of JSC NC KazMunayGas, JSC Air Astana, and JSC KEGOC), and 116 assets of social cooperatives worth 1.8 billion tenge);
69 assets are slated for reorganization/liquidation;
21 assets are currently being auctioned;
155 assets are undergoing pre-sale preparation.

The implementation of the Comprehensive Plan for implementation, reorganization, and liquidation is 72%.