Government • 30 November, 2018

Bakytzhan Sagintayev holds a meeting of Council on Improving Investment Climate

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Nov. 29 in Ukimet Uyi, the Prime Minister Bakytzhan Sagintayev chaired a regular meeting of the Council for Improvement of the Investment Climate.

At the meeting, improvement of existing environmental legislation, development of waste management strategies and competition in recycling market of Kazakhstan were discussed. In addition, the reports of the ministries on the proposals made by council members at the previous meeting of Oct. 1, 2018, were considered. The questions of creating equal conditions for investors, providing a competitive economic environment and improving the antimonopoly legislation were touched upon.

President of the American Chamber of Commerce in Kazakhstan Kenneth Mack, British Ambassador to Kazakhstan Michael Gifford, Charge d'affaires at the US Embassy Theodore Lyng, European Union Ambassador to Kazakhstan Sven-Olov Carlsson, Senior Political Analyst of the Directorate for Protection OECD Environment Peter Borkey, Coca-Cola Bottlers Kazakhstan CEO Ahmet Ertin, Resero Power Board Member T. Brown, Metro Cash & Carry Kazakhstan CEO E. Gorpe and others shared their opinions on the agenda.

Following the meeting, Bakytzhan Sagintayev instructed the interested state bodies to carefully study the proposals of the council members for subsequent implementation.

Currently, the waste management policy, defined in the Concept on the transition of Kazakhstan to a green economy, is aimed at introducing separate waste collection, developing the waste recycling sector to produce products from secondary raw materials with investment, and, as a result, reducing waste for landfills disposal. Kazakhstan is actively studying and introducing advanced international practices in waste management using highly efficient technologies.

The main task of environmentalists today is the conversion of municipal waste into useful energy through advanced, proven, thermal gasification. The result of such processing are recyclable raw materials – steel, aluminum and ash, heat and electricity. All of them can be reused, and this process is consistent with the UN Framework Convention on Carbon Credit.

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