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By the end of 2018, the plant will be launched in the Aktobe region

At the plant for the production of cellular autoclaved aerated concrete, repair and restoration work is being completed. In December 2017, the Investment Fund of Kazakhstan JSC (the Fund, IFC) completed the purchase and sale transaction for the property of the production complex of the Plant for the production of cellular autoclaved aerated concrete. The Russian-Kazakh investor, TD Foton LLP, was attracted by the Fund, the amount of the contract was 1,569,877 thousand tenge.

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IFK

About the Fund

Investment Fund of Kazakhstan JSC is a public institute of development and management company in the field of restructuring and distressed assets management. The Fund was established by the Governmental Resolution No. 501 as of May 30, 2003. On the 14th of November, 2014, the Fund has adopted a fundamentally new Development Strategy for 2014–2023, according to which a course for development as a professional management company in the field of restructuring and distressed assets management was undertaken. A strategic objective of the Fund is to increase the growth rate of return of public funds and investments, and as a result, the improvement and efficiency of activities of the national development institutions. A sole shareholder of IFK JSC is the National Managing Holding “Baiterek” JSC.