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09 April 2026
Investment Ombudsman Strengthens Investor Protection: First Investment Protection Forum Held in Astana

On 9 April 2026, the Investment Protection Forum was held in Astana under the chairmanship of the Prosecutor General of the Republic of Kazakhstan, Mr. Berik Assylov.

The Forum brought together First Deputy Prime Minister Roman Sklyar, members of the Mazhilis of Parliament, representatives of the National Chamber of Entrepreneurs “Atameken”, members of the Foreign Investors’ Council, the Ambassador of the European Union to Kazakhstan, as well as representatives of major domestic and international businesses and international organizations, including the United Nations, OSCE, and the Eurasian Development Bank.

Opening the Forum, the Prosecutor General emphasized that investors must feel genuinely protected and confident in the transparency and stability of the legal environment. He noted that the work of the прокуратура is based on the principles of legality, predictability, and accountability of state bodies, reflecting the “Law and Order” ideology. He also stressed that any unlawful interference in investors’ activities will be strictly prevented using the full authority of the prosecution bodies.

The Forum highlighted the ongoing transformation of the role of the прокуратура in protecting investments. In accordance with a Presidential Decree, the Prosecutor General has been vested with the powers of the Investment Ombudsman. The Committee for the Protection of Investors’ Rights serves as its operational body, while these functions are implemented at the regional level by local prosecutors. This framework ensures prompt resolution of complex cases and strengthens institutional protection for investors.

A key feature of the Forum was the presentation of new investment support instruments by the Chairman of the Committee for the Protection of Investors’ Rights. These initiatives, supported by the President and to be formalized through legislation, include granting prosecutors the authority to issue binding orders.

The introduction of a “personal prosecutor” assigned to each investment project, along with proactive engagement since the beginning of the year, has already helped protect the rights of approximately 600 investors. The Committee’s investment portfolio has expanded to include over 1,000 projects worth KZT 12 trillion. Currently, more than 2,800 investment projects, with a total value of KZT 96 trillion, are under prosecutorial supervision.

To further prevent violations, the “prosecutorial filter” has been expanded. Restrictive measures, inspections, and claims initiated by state or quasi-state entities against investors now require prior approval from the prosecutor. This mechanism has already prevented more than 1,000 unjustified decisions, including 450 unlawful inspections, 500 administrative proceedings, and over 200 restrictive measures.

As part of digitalization efforts, the National Digital Investment Platform has been integrated with the “Digital Supervision” system, enabling a “single window” approach to monitor the full lifecycle of investment projects, including emerging issues and delays.

Additionally, the “Mobile Prosecutor” application is being enhanced with a dedicated feature allowing investors to maintain 24/7 communication with their assigned prosecutor.

To further improve legislation, an Expert Council will be established under the Committee, involving representatives of government bodies, the business community, and international experts. The Council will develop quarterly recommendations aimed at improving the investment climate.

Moreover, a Commission for pre-trial dispute resolution will be created to serve as an effective platform for resolving disputes between investors and state authorities.

A welcome address was delivered by Ms. Zhanna Baidasheva, Director of the Kazakhstan Foreign Investors’ Council Association (KFICA), who highlighted the importance of the Forum for strengthening the business climate. She noted that the Foreign Investors’ Council under the President of the Republic of Kazakhstan serves as a key advisory platform fostering open and constructive dialogue between the Government and the international business community. Over more than two decades, the Council has made a significant contribution to improving the investment climate and supporting the development of a modern, competitive economy in Kazakhstan.

Ms. Baidasheva expressed confidence that enhanced cooperation between KFICA and the prosecution authorities will further strengthen investor protection and promote a transparent and predictable investment environment in Kazakhstan.


Source: https://t.me/GenPr

 

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