BAKU, Azerbaijan, March 2. Kazakhstan plans to hold an online auction for granting the right of subsurface use for the extraction of solid minerals for 25 deposits, Marat Karabayev, Minister of Industry and Infrastructure Development of Kazakhstan said, Trend reports via the ministry.
He announced this at the meeting with the ambassadors of the foreign states accredited in the country.
"The auction will be held online, so, the transparency will be ensured. Kazakh and foreign investors can participate. One of the main requirements for investors is that the extracted mineral resources will have to contribute to improving the well-being of local residents. Therefore, first of all, it is necessary to ensure the employment of the locals. Secondly, it is necessary to take into account the opinion of the people and take an active part in solving local social problems," the minister said.
Karabayev also said that the necessary materials have been prepared regarding the auction. At the same time, the subsoil user can get acquainted with all the information about the deposits. The main advantage is that the human factor will be eliminated.
The parties discussed the prospects of cooperation in the field of industry and subsoil use. The issues of attracting investments in the industrial sector and the subsoil use in Kazakhstan were also discussed.