Kazakh mining companies are willing to work in Mongolia and Africa due to legal difficulties at home
Date: 11:53, 18-02-2015.
Almaty. February 18. Silkroadnews - «Many local companies willing to develop mining projects in Mongolia or in Africa, because in Kazakhstan, it is very difficult to maintain any documentation, it is very difficult to agree on the technical plan, to get permission for all", - said the managing partner of Sinenergy Partners A.Stamkulov within the Kazakhstan Forum of Financial Innovation in Almaty on Wednesday.
According to experts, Kazakhstan's legislation is "extremely overregulated" for subsoil users.
"Now there is a discussion in order to change the general concept of subsoil legislation because Mongolia and Central African countries strongly compete with Kazakhstan", - he added.
