President Tokayev briefed on investment projects implementation by Samruk Kazyna CEO

President Tokayev briefed on investment projects implementation by Samruk Kazyna CEO

The Samruk Kazyna investment portfolio includes over 130 megaprojects including in oil and gas, petrochemical, energy, logistics, and mining industries. They are expected to have a multiplier effect on Kazakhstan’s economy. President Kassym-Jomart Tokayev received Samruk Kazyna CEO Nurlan Zhakupov who presented a report on plans for the upcoming period and the results for the first half of 2024. The holding acts as a catalyst for foreign direct investment and co-invests in projects together with foreign partners. The Head of State outlined a number of specific tasks for the projects implementation, as well as for the further improvement of the Fund’s work.

«Key production indicators remained at the planned levels. For the first half of the year the fund’s revenues amounted to 7.9 trillion tenge, which is seven percent higher than planned. Currently, the group’s investment portfolio includes more than 130 large projects worth 53.5 trillion tenge,» Zhakupov said.