Russia may sell up to US$3.5 billion of state assets per year under its latest privatisation plan which in 2010 includes airports, ports, shipping companies and an insurer, Reuters reported.
Russia is seeking to boost its coffers depleted by helping the economy through its first recession in a decade, as well as being part of a drive to improve competitiveness in a country where the state is seen as an inefficient corporate manager.
The scale of next year's programme is in line with previous government estimates, which earmarked for sale stakes in shipping firm Sovcomflot and insurer Rosgosstrakh.
In addition to those two, 12 other companies currently listed as strategic are down for privatisation in 2010.
Among them are three airports - Koltsovo in Ekaterinburg in the Urals area of central Russia, Tolmachevo in Novosibirsk in Siberia and Anapa serving the eponymous Black Sea resort town, the source said.
Ports of Novorossiisk, Murmansk, Vanino and Tuapse are also potentially up for grabs, as are five more shipping companies in addition to Sovcomflot. |
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Source: cargonewsasia
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