PPP Boom in Kazakhstan
As of 1 October 2019, 610 public-private partnerships agreements worth 1.5 billion tenge (about 3.8 million US dollars) have been executed in Kazakhstan. While PPP remains one of the areas of great interest to both Kazakhstani state authorities and prospective investors, it seems that the Government of Kazakhstan has decided to change its policy in relation to PPPs by shifting focus from quantity to quality of PPP projects to be implemented in Kazakhstan.
27.06.2019
There is no doubt that Kazakhstan needs new economic drivers to facilitate the launch of innovative new businesses, to disrupt conventional industries and to transform intellectual capital into innovative start-ups.
GRATA International ranked in Asia law Profiles 2019
For another consecutive year GRATA International received high appraisals from Asialaw profiles, one of the leading legal guides to top law firms and practitioners in Asia-Pacific.
Uncontrolled growth of ‘fake’
PPPs in Kazakhstan — what to
expect?
Three local level public–private-partnership (PPP) projects are on the brink of collapse due to the relevant local state body of the Mangistau region failing to meet its obligations under the PPP agreements and to
pay on time to the respective private partners for constructed and operating kindergartens. It was alleged that the money needed for these PPP projects did not appear on the books of the local government in time, even though the respective PPP agreements, evidently, were duly executed and registered.
pay on time to the respective private partners for constructed and operating kindergartens. It was alleged that the money needed for these PPP projects did not appear on the books of the local government in time, even though the respective PPP agreements, evidently, were duly executed and registered.
Shaimerden Chikanayev spoke at China Global Investment Summit 2019
China Global Investment Summit 2019 (China Global Investment Summit 2019) was held on April 18-19, 2019 in Shanghai, China. One of the speakers was Shaimerden Chikanayev, Partner, Director of Banking & Finance Department, GRATA International.
15.04.2019
Legal 500 has recently released its annual rankings of international law firms – Legal 500 EMEA 2019.
Is Kazakhstan finally ready to
attract investments into its
electricity sector?
The capacity market was finally launched on the 1st January 2019 in Kazakhstan to encourage investment for the renovation of old, as well as construction of new, power infrastructure facilities.
Shaimerden Chikanayev
Participated in the PPP in
Healthcare System seminar
On 28 February 2019, the seminar on Public Private Partnership in Healthcare System was held in Astana, Kazakhstan. Shaimerden Chikanayev, Partner, GRATA International spoke at the seminar with a presentation: "PPP in Healthcare System: Kazakh law perspective".
Kazakhstan expands central bank’s supervisory powers — good or bad move?
On the 1st January 2019, Kazakhstan promulgated certain changes in legislation that gave its central bank, the National Bank of Kazakhstan (NBK), enhanced capacity and introduced risk based supervision of the financial sector.
GRATA International in China
Business Law Journal: Deals of the Year 2018
We are glad to announce that one of GRATA International’s successful projects has been selected as of the winners of China Business Law Journal: Deals of the Year 2018.
Partner
Almaty, Kazakhstan