Operating from the Astana International Finance Centre, we bridge foreign investment standards with local legal, regulatory and commercial realities.
Combining local depth with global standards, Belgravia Advisory Central Asia ensures client investments are robustly structured, protected and positioned for sustained commercial success.
We guide clients through every stage of theinvestment lifecycle, including:
Positioned at the crossroads of Europe and Asia, Kazakhstan combines strong macroeconomic fundamentals, extensive natural resource reserves, a highly educated workforce and a business-friendly environment designed to attract foreign capital.
The Republic of Kazakhstan is established as the premier economic engine and investment hub of Central Asia.
Kazakhstan has institutionalized investor protection and state support, creating a predictable environment for foreign capital. Through dedicated state bodies and established legal mechanisms, foreign investors benefit from comprehensive statutory protections and direct administrative assistance.
Belgravia Advisory Central Asia provides end-to-end support to foreign investors, from preliminary negotiations and visa assistance through to project implementation and post-investment support. We represent investors’ interests and coordinate engagement with KAZAKH INVEST, relevant ministries, local authorities and other competent bodies.
Priority investment projects benefit from significant statutory incentives, including:
Exemptions from Corporate Income Tax (up to 10 years).
Exemptions from Land Tax (up to 10 years) and Property Tax (up to 8 years).
0% customs duties for up to 5 years on imports of technological equipment, components, spare parts, and raw materials.
State in-kind grants, including land plots, buildings, machinery, and equipment transfers.
Foreign investments are protected against arbitrary regulatory changes, backed by dispute settlement frameworks and statutory guarantees regarding capital repatriation, property rights and contract enforcement.
The government provides a range of industrial-innovative support mechanisms, including interest rate subsidization, innovation grants for advanced technologies, credit guarantees, infrastructure connectivity provision, and export promotion assistance.
Belgravia Advisory Central Asia works alongside these state frameworks to safeguard investor interests. We ensure client projects maximize statutory preferences, maintain full regulatory alignment and benefit from robust contractual protection under international and domestic law.
Kazakhstan presents high-value opportunities across primary extraction, value-added processing, industrial manufacturing and advanced technologies. Below is an overview of key investment sectors.
Driven by strong local raw material reserves and demand for downstream steel products, particularly pipe products where import reliance remains high (imports accounted for 65% of the Kazakh pipe market in 2016, with regional import demand across Kazakhstan, China, and Russia exceeding $4.3 billion).
Key demand drivers include major oilfield expansions (such as the Tengiz field) and national water infrastructure modernization programmes.
Copper: Focus on developing downstream processing capacity (refined copper and copper products) to supply high-demand neighbouring markets, particularly China’s power grid ($350 billion grid investment planned) and renewable energy sectors.
Aluminium: Expanding from primary production (bauxites, alumina, primary aluminium) into high-value downstream products, such as alloyed aluminium sheets for construction, automotive engineering, and electric vehicle manufacturing.
Additive Manufacturing Powders: Utilizing domestic reserves of chrome, steel, vanadium, and aluminium to produce specialized metal powders for 3D printing across aerospace, medical, machinery, and automotive sectors.
Opportunities in greenfield exploration across unexplored territories, modern re-processing of historical tailings, and development of deposits adjacent to newly built infrastructure corridors.
Ongoing capital expenditure in major energy developments generates demand for specialized engineering, maintenance, high-spec piping, and processing facilities.
Transitioning raw hydrocarbon reserves into high-value chemical products, fertilizers, and polymers for export across Central Asia and the EAEU.
Grid modernization and renewable integration projects supported by government tariffs and green energy transition targets.
Capitalizing on vast arable land, Kazakhstan offers major potential in grain processing, oilseed extraction, livestock production, and deep agricultural processing for export to Western China and the Middle East.
Logistics infrastructure, cold-chain distribution, precision farming, and irrigation technology upgrades supported by state subsidy schemes.
Investment in dry ports, multi-modal logistics parks, and warehousing along the "West Europe – West China" highway and rail freight routes.
Development of specialized industrial zones equipped with ready-to-use utility connections, land grants, and preferential tax regimes.
Navigating cross-border growth requires commercial vision combined with technical legal precision. Belgravia Advisory Central Asia provides foreign investors with the local knowledge and international expertise needed to structure transactions, secure government incentives, and mitigate legal risks. For inquiries regarding investment structuring, legal advisory, or market entry in Kazakhstan, please contact our team.
Azamat Kussainov has held senior roles in Kazakhstan’s public sector and state owned enterprises, with a focus on protecting businesses and investors, economic security and the implementation of complex projects. He began his career in the prosecution service and later worked at the Prosecutor General’s Office of the Republic of Kazakhstan, where he dealt with the protection of entrepreneurship and investment.
He subsequently served as Deputy Chairman of the Management Board of the National Information Holding Zerde, overseeing digital transformation and the improvement of government business processes. At the Digital Government Support Centre, he worked on digital and AI transformation initiatives.
As Managing Director of the National Chamber of Entrepreneurs Atameken, Azamat was responsible for the protection of entrepreneurs’ and investors’ rights. He participated in legislative working groups and discussions in the Senate and Mazhilis, including work relating to business protection and the development of administrative justice. Most recently, as Managing Director at QazTrade, he worked on support for businesses and exporters.
Industrial logistics. Prosecutorial intervention helped resolve a utility access dispute for a USD 60 million warehouse development. A private easement was secured, enabling completion and launch of the project.
Agriculture. In an USD 84 million greenhouse project, the prosecution authorities addressed obstacles to additional electricity, water and gas capacity. The required connections were provided and the facility was commissioned.
Renewable energy. Prosecutorial measures helped resolve land rights and registration issues affecting a USD 150 million wind farm. The project moved forward, with 16 wind turbines subsequently operating.
Benjamin is an English barrister who has built a distinguished global reputation as a trusted problem-solver, resolving complex issues and high-stakes disputes for clients worldwide. With a practice centered on cross-border matters, he brings a strategic, solution-driven approach to helping international investors and businesses navigate challenges and overcome operational obstacles at every stage of a project lifecycle.
He possesses deep expertise across critical industries, including oil and gas, mining, investments, and financial services. His track record also extends to advising and supporting enterprises in agriculture, fertilizers, airlines, and airport infrastructure, ensuring seamless market entry, operational resilience, and effective risk mitigation.
Benjamin holds rights of audience at the Astana International Financial Centre, positioning him uniquely to represent and safeguard the interests of international parties operating across the region. In addition, he serves as an executive committee member of the British-Kazakh Law Association, further cementing his long-standing commitment and strategic ties to Central Asia.