Enhancing the role of the private sector in Kazakhstan
Disclaimer
PwC helps organisations and individuals create the value they’re looking for. We’re a network of firms in 158 countries with more than 180,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matter to you and find out more by visiting us at www.pwc.com.
This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
© 2014 PwC. All rights reserved. PwC refers to the network and/or one or more of its member firms, each of which is a separate legal entity.
PwC
17 September 2014
2
Background
Kazakhstan is embarking on a program of privatization, accordingly the
Government of Kazakhstan is now developing proposals which will help to:
- Identify the companies with government links that should be included in the privatization program;
- Adopt principles and guidelines for “Yellow Pages rule” suitable for implementation in Kazakhstan.
PwC has undertaken a brief study of relevant international experiences to aid the policy makers of Kazakhstan in their decision making process.
PwC
17 September 2014
3
Rationale for chosen case studies
Singapore
• rapid economic success despite its constraints in terms of natural resources and land;
• vibrant private sector contributing to economic progress and development;
• SWF invests on commercial