Law enacted by Toqaev for development of Astana and significant urban centers
In a significant move, President Kassym-Jomart Tokayev has signed a series of legislative amendments aimed at driving reforms across various sectors in Kazakhstan. These reforms touch upon capital development, land legislation, foreigner registration, customs, decentralization, national projects, state audit, appraisal activities, and military service, among others.
- Capital Development and Land Legislation
The government is working on reforming the management of state assets and national companies, which could potentially lead to the dissolution of the centralized wealth fund Samruk-Kazyna JSC, transferring shares to relevant ministries, or privatization. This shift could impact major sectors like energy, mining, transport, and telecom by inviting strategic investors and changing the control dynamics [3].
Simultaneously, the government has initiated consultations on reforming land rights and consents, particularly for infrastructure such as electricity networks. The aim is to simplify access and consent processes to encourage development and investment in strategic utilities [1].
- Foreigner Registration and Customs
While specific procedures are not detailed, reforms are likely focused on aligning with improved tax and administrative regulations, aiming to streamline declaration and documentation requirements for individuals and non-residents, enhancing transparency and compliance [2].
- Decentralization
The reforms propose transferring control of national companies from corporate centers to ministries, which could facilitate easier implementation of state policy but may raise concerns about efficiency and investment outlooks due to politicization of asset management [3].
- National Projects and State Audit
Though explicit details are not in the sources, national projects are presumably linked to infrastructure and strategic sectors reforms, with state audit improvements likely aiming to enhance accountability and transparency in state spending and asset management [3][4].
- Appraisal Activities
Regulatory updates to appraisal standards in connection with land and asset valuation reforms are likely intended to support investment and fair property rights practices [1][4].
- Military Service Reforms
No direct details were found in the current results, suggesting this aspect might be part of broader governance reforms but specifics remain unavailable.
- Additional Reforms
President Tokayev has also amended the Code on Administrative Offenses in the Housing and Utilities Sector and collaborated with OSI and NSU to amend laws on housing and utilities issues. The law aims to decentralize powers between levels of state management and eliminate excessive legislative regulation [5][6].
Moreover, the law introduces a national project for the modernization of energy and communal sectors, addressing priority infrastructure problems in heat, energy, and water sectors [7].
Overall, these reforms signal a shift towards greater regulatory clarity, investor engagement, and efficiency in managing public assets and land use, balanced with enhanced tax administration and modernization of crucial public sectors under President Tokayev’s administration [1][2][3][4]. However, the extent of decentralization poses trade-offs between state control and operational efficiency, with ongoing debate about privatization versus ministerial oversight [3].
If more precise elements on military service or customs are needed, further sources would be required as the current search results provide limited direct information on these topics.
References:
[1] Kazakhstan World - https://kazakhstanworld.com [2] Astana Times - https://www.astanatimes.com [3] EurasiaNet - https://eurasianet.org [4] The Diplomat - https://thediplomat.com [5] President of the Republic of Kazakhstan - https://www.akorda.kz [6] OSI - https://www.osi.cz [7] NSU - https://nsu.kz
- Capital Development and Politics
The proposed dissolution, transfer of shares, or privatization of Samruk-Kazyna JSC, a centralized wealth fund, could potentially attract strategic investors and reshape control dynamics within energy, mining, transport, and telecom sectors, raising debates about the politicization of asset management [3].
- Foreigner Registration, Business, and General-News
The reforms' focus on aligning tax and administrative regulations could lead to streamlined declaration and documentation requirements for individuals and non-residents, possibly impacting foreign investments and business operations in the country [2].