Kazakhstan Temir Zholy JSC sold 100% stake in Kazakh Academy of Transport and Communications named after M.Tynyshpaev JSC for KZT 10 250 999 999.
The guarantee fee for participation in the electronic auction held at the site www.gosreestr.kz amounted to KZT 72,150,000.
Vocational technical institute prepares personnel for the transport and communications complex, including railway (urban electric transport and underground) and automobile transport, information technology, telecommunications, financial and economic structures.
In accordance with the Sale and Purchase Agreement, the new owner agrees to maintain the profile of the company and staffing within 5 years from the date of acquisition of the asset.
It should be noted that Samruk-Kazyna JSC implements 215 assets in a competitive environment under the Comprehensive Privatisation Plan for 2016-2020.