Annual Report for 2024 NEXT GENERATION NETWORK FOR YOUR PRESENT

Procurement Practices

GRI 415-1

The Company manages its procurement processes in line with the regulatory framework established by the authorized body of the Samruk-Kazyna Sovereign Wealth Fund (the Fund) and its own internal policies. Procurement activities are conducted through the Fund’s electronic procurement information system.

The Company follows key principles to ensure effective procurement, including:

  • Cost minimization
  • Timely delivery of goods, works, and services of the required quality
  • Transparency and openness of the procurement process
  • Accountability and control over decision-making
Key Procurement Highlights for 2024

Procurement plan for 2024

KZT 43.2 billion

Number of contracts signed

1,412

Number of suppliers

865

Total value of signed contracts

KZT 40.1 billion

Procurement plan execution rate

98.78%

Cost savings

KZT 2.3 (5.26%)

Share of contracts awarded through competitive procedures

57.6%

Local content share in goods purchased

8.26%

Local content share in works/services purchased

85.91%