Zan Hub

Kazakhstan

Analysis

Overview

Zan Hub specialises in business and investment matters in Kazakhstan. The firm has experience in foreign investment projects, state development programmes and strategic initiatives that impact the country's economy. The firm's work encompasses joint venture establishment in key industries, infrastructure project financing, and capital markets preparation. A key figure at Zan Hub is Akylbek Kussainov, a highly regarded partner specialising in corporate and M&A, antitrust, compliance, real estate, and digital economy. With over 10 yearsexperience, Kussainov has been involved in large-scale transactions and is active in legislative and professional activities, including contributions to the scientific and practical commentary on the Business Code of Kazakhstan. Semion Issyk joined the firm as partner in January 2025 from White & Case in Kazakhstan. He specialises in general business law with a focus on capital markets, M&A, and banking and finance matters. 

General business law

Work highlights

Advising Stantsiya Ekibastuzskaya GRES-2 JSC, a major Kazakhstani power station operator, on the construction of Unit 3 with 660MW capacity, including equipment supply agreement and EPC contract negotiations. The work involves drafting key agreements, advising on financing documentation and managing bank negotiations. This strategic infrastructure project will help address Kazakhstan's energy deficit and strengthen national energy security.  

Key clients

European Bank for Reconstruction and Development, JP Morgan Securities