He noted that since 2018, the country has been operating a Subsoil Code, which works on the principle of "first come, first served." This innovation has significantly increased the transparency of procedures and simplified the market entry process for investors.
“To support investors at the initial stage, the government of Kazakhstan has created the Geographical Survey Company, which is engaged in exploration and the preparation of ready-made investment projects. It is important to note that the company's activities are also conducted in a virtual format,” Alibekov added.
Furthermore, the deputy chairman emphasized that Kazakhstan offers a wide range of tax incentives for investors, as well as measures aimed at supporting energy supply and infrastructure.
“Despite the fact that the country has significant reserves of critically important minerals, modern technologies in the field of rare earth and rare metals are necessary for their effective extraction,” he concluded.
