Kazakhstan chooses 590 communal companies for privatization
By Aynur Jafarova
Kazakhstan has chosen 590 companies among 6,000 communal enterprises and social corporations operating in the country for privatization.
The news was announced by Chairman of the Agency for Competition Protection Galim Orazbakov on August 4.
"Of course, one of the main criteria while making a decision on the need of the privatization of the communal enterprise is physical entities or private legal entities engaged in similar activity on this market," he said at a briefing in Astana.
"Thus, the organizations rendering the services on language learning were recommended for privatization," he added.
The companies will be sold as part of the second wave of privatization ordered by President Nursultan Nazarbayev.
Holding the second stage of privatization is aimed at reducing the state's presence in the entrepreneurship.
The second wave of privatization planned for 2014-2016 will involve 853 state companies.
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