As part of its October 2024 Concept of Investment Policy of the Republic of Kazakhstan, on December 31, 2024, the acting minister of foreign affairs of the Republic of Kazakhstan issued Order No. 11-1-4/746 (the Order)...more
A recent order by the Acting Minister of Energy of the Republic of Kazakhstan made amendments to the rules for organizing and conducting auctions for renewable energy source projects. The order will go into effect on February...more
The Kazakhstan government recently amended the list of requirements that must be met by investors when applying for local authorities’ consent to allocate land plots for investment project implementation....more
On October 18, 2024, the government by its resolution approved the Concept of Investment Policy of the Republic of Kazakhstan until 2029 (the Concept). The main goals of the Concept are to attract at least US$ 150 billion of...more
The president of the Republic of Kazakhstan signed several amendments to the Constitutional Law of the Republic of Kazakhstan titled On the Judicial System and the Status of Judges of the Republic of Kazakhstan, which will...more
This LawFlash summarizes key takeaways from the recent amendments by the Kazakhstan government to the formula for calculation of the share of domestic value in a product....more
This LawFlash summarizes key takeaways from the recent amendments by the Kazakhstan government to the standard form of the power purchase agreement (PPA) for energy-producing organizations using renewable energy sources...more
Kazakhstan President Kassym-Jomart Tokayev signed two laws on February 6: one on digital assets (the Law) and one introducing amendments to other legal acts concerning digital assets and informatization (Amendments Law). Both...more
A relatively new international dispute resolution venue, the Court of Astana International Financial Center (AIFC Court) launched its activities in 2018 to handle commercial disputes falling under its purview. This LawFlash...more
The president of Kazakhstan signed a new law on 30 December 2021 introducing changes into several legislative acts. The most significant amendments in Law No. 95-VII concern regulation of state inspections and are apparently...more
The Kazakhstan renewables market has been gaining momentum during the last few years. Reasons for such development include (1) government support (including periodic amendments to industry laws and regulations to address...more
6/15/2021
/ Clean Energy ,
Electric Generation Suppliers ,
Energy Policy ,
Energy Projects ,
Investment ,
Kazakhstan ,
Power Infrastructure ,
Power Plants ,
Power Purchase Agreements ,
Renewable Energy ,
Wind Power
The president of the Republic of Kazakhstan signed Law No. 399-VI, On Amendments into Certain Labour-Related Legislative Acts of the Republic of Kazakhstan (the Amendment Law), on January 2, 2021. ...more
The amendments came into force in July 2020 and are generally positive for market participants, particularly for issuers considering cross- and dual-listings....more
We have created a chart on current investment preferences in Kazakhstan, which includes territory, economic industry, participant requirements, and any applicable exemptions, preferences, privileges, or subsidies. ...more