Central Asia reform

Nose down: Kazakhstan’s stalled privatisation back on course

After notable silence, Kazakhstan looks set to push ahead with its privatisation programme in 2020. Although unlikely before the second quarter, investors and bankers see good reason its top three major state-owned entities will engage the markets.

Adrian Murdoch

January 27, 2020

When Kazatomprom listed on the London Stock Exchange in mid-November 2018, there were hopes that Kazakhstan’s long-touted privatisation might finally get underway.

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