Kazakh Senate approves law on digitalization and improvement of investment climate

Kazakh Senate approves law on digitalization and improvement of investment climate

Kazakhstan is set to launch a new satellite communication system. The members of the Senate, an Upper House of the Kazakh Parliament, have approved a law on communication, digitalization, and improvement of the investment climate in the field of informatization, providing domestic operators with equal access to infrastructure. This will foster competition, ensuring high-quality services and broader coverage. Additionally, subsidies for communication services in agricultural and industrial facilities have been introduced to promote digitalization across sectors. Overall, satellite internet is expected to significantly impact Kazakhstan’s economic development by boosting innovation, facilitating global market access for enterprises and startups, and enhancing the investment climate.

“This law covers issues related to the development of the communication market, as well as digitalization and attracting investments in the field of informatization. The introduced amendments will contribute to expanding the scope of using space monitoring data. Specific provisions aimed at preventing payment transactions with signs of fraud are also included. Overall, we hope that the approved law will contribute to providing quality and affordable communication services to the population, as well as to the development of Kazakhstan’s digital potential,” said Senate Chairperson Maulen Ashimbayev.