Asset Magauov took part in Kazakhstan Global Investment Roundtable

Asset Magauov took part in Kazakhstan Global Investment Roundtable
A. Magauov, the Director General of the KAZENERGY Association spoke as a speaker of the round table, within the main business program of the Kazakhstan Global Investment Roundtable investment forum on July 3, this year.

This forum was convened by Sagintayev Bakytzhan, the Prime Minister of the Republic of Kazakhstan and is intended to become a platform for dialogue between international investors and government agencies on the basis of which participants will be able to discuss Kazakhstan investment policy, investment opportunities, incentives for economic growth and competitiveness. More than 650 representatives of international and Kazakhstan commercial and financial sectors, investors, opinion leaders and representatives of international mass media took part in it.

The round table on the issue: “Energy potential of Kazakhstan – investment to the new development stage was opened by the Minister of Energy of the Republic of Kazakhstan Kanat Bozumbayev, who noted the special role of the fuel and energy sector in attracting large investments in Kazakhstan.

Asset Magauov, the Director General of the KAZENERGY Association, in his report noted the importance of creating flexible and most importantly attractive conditions for the inflow of new investments. He told about the carried out work related to the actualization of the legislative base for subsoil users, which resulted in the new Code on Subsoil and Subsoil Use, the new Tax Code. Also during the discussions, he spoke about upcoming important initiatives, which include the development of the Environmental Code and measures to stimulate and improve the oil products market.

The participants of the round table included authoritative experts and representatives of investment funds such as Kerry Adler, President and CEO of SkyPower Global, Daniel Yergin, the Vice-Chairman of IHS Markit, Kurmangazy Iskaziyev, the Deputy Chairman of the Board of NC KazMunaiGas JSC, Vienna Nambyar, the Executive Director of AMEA Power, Howard Chase, the Director of Public Administration in Europe The Dow Chemical Company