Samruk-Kazyna

Samruk-Kazyna JSC is Kazakhstan’s sovereign wealth fund and national holding company, established in 2008 to consolidate and manage major state-owned enterprises. Headquartered in Astana and owned by the Government of Kazakhstan, it oversees a diversified portfolio spanning energy, petrochemicals, mining and metals, transport, and telecommunications. The fund’s mandate includes enhancing asset value, improving corporate governance, and supporting national industrial development and privatization programs.

For the chemical and materials value chain, Samruk-Kazyna is a key institutional owner through stakes in strategic companies such as KazMunayGas (oil and gas, refining, and petrochemical feedstocks) and Kazatomprom (uranium). Through its portfolio, the fund influences upstream hydrocarbon supply, refining and processing capacities, and the development of petrochemical projects in Kazakhstan, as well as related infrastructure and logistics. Its activities shape investment, partnerships, and modernization efforts that affect regional chemical production, feedstock availability, and export routes.