The Kazakhstan Ministry of Industry and New Technologies as a competent government agency has invited open bids to obtain the right to bowels of earth, reads the official web site of the agency.
The bid for the right to bowels of earth is held from July 23, 2014 to December 31, 2014.
The bid is applied to obtaining the right to exploration and extraction on the bowels of earth. The applications for the bids must be submitted from July 23, 2014 4.00 p.m. till August 25, 2014 (inclusive).
The winner will be defined on the basis of the following criteria envisaged by the item 52 of the law on bowels of earth:
– Size of the bonus;
– Size of expenses for socio-economic development of the region and development of its infrastructure.