The State Agency for Management of State Property (GAUGI) intends to move away from a purely administrative function in favor of active asset management. As the agency's director Beksultan Tokonov stated during the 'Open Cabinet' project, the priority will be industrial development and attracting private capital.
Inventory and New Projects
The agency is currently conducting a large-scale inventory of state facilities. The goal of the audit is to identify assets that are being used inefficiently, do not generate income, or require restoration and reconstruction.
"Previously, we mainly acted as custodians of state property. Today, we are adding a management component. Our task is not just to account for property, lease it, or sell it, but to transform it into a source of income and development."
One of the key areas of work will be the implementation of large-scale projects at state facilities through public-private partnership mechanisms. In particular, there are plans to launch an electricity storage system in the city of Tokmok, Chui region.
The project to create such a system will be implemented jointly with the Russian state corporation Rosatom. The technology will allow for the accumulation of surplus electricity during periods of low demand and its distribution into the grid when needed.
Context
Investor attraction projects also cover the education sector, where plans include the creation of private educational institutions based on state facilities.
