ANNOUNCEMENT 17 Aug 2012In August 2012, the government of Kazakhstan announced a change in the required local inputs to serve domestic customers.
NUMBER OF INTERVENTIONS
'1' Resolution No. 1028 of August 7, 2012, published on the Internt site of the Republican Centre for Law Information of the Ministry of Justice of Republic of Kazakhstan, http://adilet.minjust.kz/rus/docs/P1200001028#z7
On 17 August 2012, the Government of the Republic of Kazakhstan (according to Resolution No. 1028) introduced new rules for the calculation of minimum local content, to be included in the conditions of a tender offering the right to use subsoil. The minimum local content is to be calculated for goods, works and services related to all subsoil operations. The local content requirement amounts to 16% for goods, and to 85% for works and services.