Samruk-Kazyna National Welfare Fund JSC

Overview

Established in 2008, Samruk-Kazyna National Welfare Fund JSC is a sovereign wealth fund of Kazakhstan responsible for managing the state's assets and investments. The fund's mission is to enhance the long-term value and competitiveness of national companies, thereby contributing to the sustainable development of Kazakhstan's economy. It operates under the sole ownership of the Government of Kazakhstan, which exercises its rights through the Board of Directors in accordance with corporate governance principles. The fund's portfolio encompasses a diverse range of sectors, including oil and gas, mining, transportation, infrastructure, telecommunications, energy, real estate, financial services, chemicals, nuclear energy, metallurgy, pharmaceuticals, renewable energy, utilities, media, retail, agriculture, construction, education, and healthcare. This extensive diversification reflects the fund's strategic approach to managing national assets across various industries. Samruk-Kazyna's investment strategy involves active management and oversight of its subsidiaries to maximize their value and ensure alignment with national economic objectives. The fund has been involved in significant projects, such as the development of solar and wind energy initiatives, demonstrating its commitment to sustainable and diversified investments. Its approach emphasizes transparency, efficiency, and social significance, aiming to foster economic growth and improve the quality of life for Kazakhstan's citizens.

Investment Focus

• Alignment with national economic objectives
• Commitment to sustainable development
• Transparency and efficiency in operations
• Social significance and impact
• Diversification across various industries

Portfolio Companies