Kazakh state fund Samruk Kazyuna ready to sell shares by 2017

Kazakhstan’s state-run bailout fund is planning to sell shares in 2017, CEO Kairat Kelimbetov said in an interview. The Samruk-Kazyna fund may sell shares of nuclear firm Kazatomprom and energy producer KazMunaiGaz National in the next three to five years followed by an IPO of the fund, he said. By the time of the offering, the fund may be worth $150 billion.