KPO recognises the significance and the necessity of the efforts undertaken by the Republic of Kazakhstan to develop local content and supports strategic efforts to systemise the regulatory framework.
KPO has been represented in the Foreign Investors Council Local Content Working Group and took a serious and proactive role in the discussion of the new Single Methodology concept for calculating local content.
Single methodology for calculating local content was approved in Kazakhstan as a means of increasing the local content in goods, works and services purchased by subsoil users. Relevant legislation was amended to establish requirements for subsoil users for reporting on local content.
In 2010, to ensure compliance, awareness and effective reporting on the local content, KPO organised training seminars on the Single Methodology for contractors providing services and goods for the needs of KPO.
