Law of the Republic of Kazakhstan On Concessions (unofficial English translation)
This Law determines legal conditions of concession, types of state support of concessionaire and regulates social relations arising during conclusion, execution and termination of concession agreements.
Kazakh privatisation: a fresh start
Although the Kazakhstan securities market is the most developed in Central Asia, its development has been slow compared to the country’s banking sector.
Shaimerden Chikanayev was
among the panellist at the IBA
ECA Forum 2018
On 5-7 September 2018, a IBA Europe-Caucasus-Asia Forum 2018 was held in Almaty.
Major Kazakhstan Legislation
Changes for 2017
The Law on Amendments Intended to Improve Business Conditions(the “Business Improvement Law”) came into effect on 12 March 2017, except certain provisions.
The purpose of the Business Improvement Law is to further improve the investment climate in line with the general policy of the country to support local entrepreneurs and foreign investors.
The purpose of the Business Improvement Law is to further improve the investment climate in line with the general policy of the country to support local entrepreneurs and foreign investors.
Renewable energy projects – next destination for investments in
Kazakhstan
I. Why renewable energy?
Renewable energy development has recently become hot topic in Kazakhstan that is actively being discussed among market existing and potential participants, relevant state bodies including the Ministry of Energy of the Republic of Kazakhstan (the “MoE”), international development institutions and other stakeholders.
Renewable energy development has recently become hot topic in Kazakhstan that is actively being discussed among market existing and potential participants, relevant state bodies including the Ministry of Energy of the Republic of Kazakhstan (the “MoE”), international development institutions and other stakeholders.
China’s Belt and Road initiative in Kazakhstan and opportunities for
Islamic finance
Kazakhstan has high ambitions in China’s Belt and Road initiative (BRI) as it is geographically an ideal junction between China and the west. There may, however, be some roadblocks for the BRI’s projects in Kazakhstan. It is therefore important to examine past experiences in order to be able to predict what legal challenges may await Chinese investors when they engage in business with Kazakhstan.
Shaimerden Chikanayev was a
speaker at the International PPP
Finance Summit in London
On 3-4 July 2018, an International PPP Finance Summit 2018 took place in London, UK. Shaimerden Chikanayev, Partner, Head of Banking and Finance department, was a keynote speaker among the representatives of EBRD, Freshfields Bruckhaus Deringer, KPMG, S&P Global, etc. Shaimerden's presentation was about Public-Private Partnerships in Kazakhstan.
Astana International Financial
Centre's Law - what is it about?
Modeled on the Dubai International Financial Centre, the Astana International Financial Centre (AIFC) was officially launched on the 5th July this year, established with the aim of bridging the gap between the world’s major financial centers and a regional gateway for capital and investments.
Shaimerden Chikanayev will speak at the PPP seminar
On 19-20 July 2018 a seminar on "Practical aspects of the application of public-private partnership mechanisms for infrastructure development" will be held in Astana.
Why Islamic finance fits well in
Kazakhstan’s PPP projects
Kazakhstan authorities have come to recognize that they cannot fi nance the necessary investments in public infrastructure from current budgets and that a major part of future fi nancing must fl ow from the private sector.
Partner
Almaty, Kazakhstan