S – Social Responsibility

Our Communities

The subsoil use contracts of KMG subsidiaries oblige substantial funds to be allocated for development of regions of operation and social assistance to vulnerable segments of the population, and on the basis of agreements and memoranda concluded with regional akimats, KMG SDEs transfer funds to local executive bodies, which distribute funds based on the needs of local communities. In addition, KMG fulfils its obligations under the Zhanaozen Integrated Development Plan (IDP) in a timely manner. KMG Group has allocated more than 5 bln tenge for these purposes in 2021, including:

Ozenmunaygas JSC allocated 900 mln tenge for development of social infrastructure in Zhanaozen and Karakiya District.

Embamunaygas JSC allocated 200 mln tenge for construction of a 300-seat cultural centre in Tasshagyl Village; over 132 mln tenge for construction of a 160-seat sports complex in Makhambet Village; over 83 mln tenge for construction of a health centre in Asan Village.

Mangistaumunaigas JSC provided assistance for social and economic development of the region and development of its infrastructure in the amount of 300 mln tenge under the Agreement signed with the Akimat of Mangystau Region. In addition, it has allocated about 60 mln tenge to provide the population of the region with affordable meat at below-market prices by purchasing fattened cattle from private subsidiary farms and peasant farms in the region, as well as to assist the agriculture of the region in connection with the drought to provide forage to cattle by allocating 100 tonnes of diesel fuel to cover transport costs.

Kazgermunai JV LLP has allocated about 145 mln tenge to the social and economic development of the region and its infrastructure in Kyzylorda Region.

Karazhanbasmunay JSC transferred 230 mln tenge to the social and economic development of the region and its infrastructure under the Agreement signed with the Mangystau Region Akimat.

Kazakhturkmunay LLP allocated 45 mln tenge and Kazakhoil Aktobe LLP allocated 100 mln tenge for the social and economic development of Aktobe Region and its infrastructure.

To fulfil its social commitments undertaken in the IDP, Ozenmunaygas JSC financed such measures as expanding the activities of Ozeninves SPE of Zhanaozen Akimat (up to 350 jobs) to maintain municipal facilities, financing rent for accommodation in hostels in Aktau for employed citizens from the youth of Zhanaozen, acquisition of housing in Aktau with subsequent transfer to the municipal housing fund for relocation of vulnerable social groups in Zhanaozen, financing of the construction of universal sports facilities in Zhanaozen, including the design of these facilities, totalling 3 bln tenge.

In 2016, the Board of Directors of Samruk-Kazyna JSC approved the Fund Charity Policy and the Fund Charity Programme, according to which KMG and its subsidiaries are not allowed to plan and provide sponsor and charity support on their own.

According to the Charity Policy, all charity activities of the Fund Group are conducted by Social Projects Development Fund “Samruk-Kazyna Trust”.

The priority areas of the Fund are:

  • Assisting people, communities in the social and healthcare sector
  • Developing media, cultural community, developing the human potential
  • Strengthening labour relations, inter-ethnic relations, investments in sustainable development of the society
  • Implementing a regional social investment programme in the regions where the Fund Group operates
  • Strengthening the reputation and promoting the image of the Fund and/or the Fund Group.

In 2021, KMG allocated 2,079 mln tenge to charity to finance projects through Samruk-Kazyna Social Project Development Trust Fund.

The Fund implements charity projects and programmes aimed at solving issues of social importance for the population on behalf of the entire Samruk-Kazyna Group. The Fund’s activities are conducted under the auspices of government authorities, the Kazakhstan Government and public and social policy experts. Administrators of the Corporate Fund’s charity projects are selected on competitive basis from among the non-governmental organisations. For more details about the Fund’s activities, please follow the link: https://sk-trust.kz/en/about.