ASTANA, Kazakhstan, April 27. The revenue of
Samruk-Kazyna increased by 8% in the first quarter of 2026, while
net profit surged by 93%, Chairman of the Management Board Nurlan
Zhakupov said, Trend
reports via the Kazakh government.
The figures were presented during a meeting of the Board of
Directors of Samruk-Kazyna held under the chairmanship of Prime
Minister Olzhas Bektenov.
He noted that a key milestone during the reporting period was
the successful placement of debut panda bonds by Samruk-Kazyna on
the domestic market of China, worth 3 billion yuan (about $438
million) in April. The transaction was carried out with the
participation of leading institutional investors from China, as
well as international financial, insurance, and investment
companies. The bonds were issued for a three-year term with a yield
of 2.18% per annum. The proceeds will be directed toward investment
projects, including the development of transport and logistics
infrastructure and other priority sectors.
In addition, several important agreements were signed during the
reporting period, including a term sheet between Tau-Ken Samruk and
Ngali Holdings, as well as a shareholders’ agreement between
Samruk-Kazyna Invest and AZCON on a dredging project in the ports
of Kazakhstan and Azerbaijan.
It was also reported that EPC and CMR contracts have been signed
for 41 projects, with construction and installation works already
underway for 33 of them. In particular, in March, construction
began on two major wind power plants with a capacity of 1 GW each
in the Zhambyl and Pavlodar regions. The projects are aimed at
developing green energy and contributing to the UN Sustainable
Development Goals (SDGs).
For the butadiene petrochemical project, an EPC contract was
signed with Sinopec Guangzhou Engineering, with construction
expected to begin in May. Another six investment projects are at
the design stage, while 17 are in the pre-investment phase.
