For potential partners

Ladies and Gentlemen!

You are welcome to review the Rules of review of investment projects in “Caspiy” Socially Responsible Corporation National Company (hereinafter referred to as – the Company), which specify investment projects examination procedure and the mechanism of interaction between the structural subdivisions of the Company:

INVESTMENT PROJECTS CONSIDERATION PROCEDURE

General Provisions

1.The given provisions specify basic principles, processes and procedure for selecting a partner to jointly realize investment projects with participation of “Caspiy” Sociallly Responsibility Corporation National Company “ JSC (further referred to as “Company”)

2. Legal relationship emerging during the process of the Company participation in carrying out investment projects are subject to be regulated by the Republic of Kazakhstan legislation, the Company’s Charter, Board of Management and Board of the Company’s Directors decisions, orders of Chairman of the Company as well as the given Provisions.

3. The following basic terms are applied in the given Provisions:

project – investment project
project passport – a business offer profile from a potential partner according to the approved pattern ;
potential partner– a Kazakhstanian or a foreign legal or physical person whoever intends to cooperate with the Company for implementation of investment projects;
partner – a Kazakhstanian or a foreign legal or physical person chosen on the basis of qualification requirements provided by the Provisions.

Basic principles of project consideration

Basic principles of projects consideration are the following ones:

partner choice process and project realization transparency;
giving all potential partners the same opportunities to take part in selection process;
providing the right balance so to avoid conflicts between the Company’s and the Partner’s interests and risks.

Application execution and filing requirements

Within the Internal Provisions on investment projects consideration framework adopted by the Company the Applicant shell submit the following document package:

5.1. When the project is initiated by the Applicant:

the Applicant’s application for joint investment project consideration;
the project passport;
justification of the project (business-plan)

5.2. When the project is initiated by the Company:

tender application;
document package according to tender holding internal procedures adopted by the Company.

Projects consideration process

Process of projects consideration includes:

Informing potential partners about projects offered by the Company for joint realization;
the applications analysis coming from potential partners;
Investment Committee decision on the Company’s participation in the project;
signing an Agreement for joint activity with a partner;
Board of Directors decision on the Company’s participation in the project;
creating a joint venture;
the project execution.

NEWS

For potential partners