Chairman of SamrukKazyna Fund set objectives for nearest time

ASTANA. October 12. KAZINFORM /Kanat Kulshmanov/ Chairman of the Board of Directors of SamrukKazyna Fund Kairat Kelimbetov has set several objectives for the Fund for the nearest time today at the ceremonial meeting dedicated to the 1st anniversary of the Fund.

In particular, theses are improvement of financial indicators of the national companies, raising efficiency of their activity at the expense of further business process optimization including allocation of non-core assets.

He emphasized importance of increasing domestic content and necessity to start an active implementation of the approved investment and infrastructural projects.

"We propose to implement measures on raisinf the banks' efficiency and enforcement of trust of population towards banks as well as complete construction of 70 percent of shared construction projects  in 2010 and the rest ones in 2011. We also propose to introduce new tools of support for entrepreneurship and raise effectiveness of activity for institutes of development through improvement of business-processes", Kairat Kelimbetov said.

"The Fund faces a number of challenges to date implementation of which will impact our economy in future. As a matter of fact, our Fund will be turned into one of the constructors of the national economy after crisis and we would like to assure all that we will do all possible to accomplish tasks we have", - he stated.

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