“Currently we are elaborating the Mining Code and order to submit its concept to the government before 1 July”, Akhmetov said to the MINT board. Source: NA Novosty –Kazakhstan. 

Serik Akhmetov, the RoK prime minister instructed the Ministry of industry and new technologies on Thursday to elaborate and submit a concept of the Mining Code to the government before 1 July. This information was presented NA Novosty –Kazakhstan. 

He also noted that Kazgeologiya, a company founded few years ago “was enough authorized”. “Tha is why it goes around in a circle”. The issue on its authorization must be considered”, the head of the government said when applying Asset Issekeshev, the minister of industry and new technologies.    

“No deposit of solid minerals has been explored over the last 20 years, and those operating are exhausted”, he added commenting necessity to strengthen position of Kazgeilogiya.

The prime minister instructed MINT to work actively on attraction of foreign investment to the country and work out new mechanisms for its attraction. “We have to create conditions where investors would not have any doubts  when choosing our government, considering events in which Kazakhstan takes participation, as well as   joining to WTO, Akhmetov concluded. 

Source: NA Novosty –Kazakhstan.