Samruk-Kazyna is a state-owned domestic holding company that holds stakes in the leading Kazakh corporations in strategic sectors including oil and gas, transport and logistics sectors, chemical and nuclear industry, mining and metallurgical complex, energy and real estate. The Fund is an instrument of industrial policies and diversification, and it is going through an ambitious transformation program that includes the privatization of some of its portfolio companies (318 in 2018), with the views of attracting private capital.