THE ORDER OF THE DEPUTY PRIME MINISTER - THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of November 28, 2025 No. 127

About modification and amendments in the order of the acting minister of national economy of the Republic of Kazakhstan of June 28, 2025 No. 59 "About approval of Rules of planning and implementation of the state investment projects, developments or adjustments, conducting necessary examinations of the investment offer, technical and economic and financial and economic reasons, determinations of feasibility of budget crediting, portfolio construction of the state investment projects, and also adjustments of the approved (specified) parameters, selection, monitoring and assessment of implementation of the state investment projects"

I ORDER:

1. Bring in the order of the acting minister of national economy of the Republic of Kazakhstan of June 28, 2025 No. 59 "About approval of Rules of planning and implementation of the state investment projects, developments or adjustments, conducting necessary examinations of the investment offer, technical and economic and financial and economic reasons, determinations of feasibility of budget crediting, portfolio construction of the state investment projects, and also adjustments of the approved (specified) parameters, selection, monitoring and assessment of implementation of the state investment projects" the following changes and amendments:

in Rules of planning and implementation of the state investment projects, developments or adjustments, conducting necessary examinations of the investment offer, technical and economic and financial and economic reasons, determinations of feasibility of budget crediting, portfolio construction of the state investment projects, and also adjustments of the approved (specified) parameters, selection, monitoring and assessment of implementation of the state investment projects approved by the specified order:

Item 2:

add with subitem 51-1) of the following content:

"51-1) participants of the financial scheme – the legal entities participating in obtaining and distribution of the credit according to the construction project "turnkey" offered to financing by adoption of the state obligations according to the construction project "turnkey";

add with subitems 68-1), 68-2), 68-3), 68-4), 68-5), 68-6), 68-7) of the following content:

"68-1) construction project "turnkey" – set of the consecutive actions directed to creation and (or) development of assets, including creation new, expansion and (or) updating of the acting productions on the basis of the agreements on "turnkey" construction;

68-2) estimated cost of "turnkey" construction – the realization value of the construction project determined at preproject stage for holding competitive procedures and the conclusion of agreements on "turnkey" construction according to the legislation of the Republic of Kazakhstan. Estimated cost of "turnkey" construction is determined with use of the enlarged cost indexes of construction of buildings and constructions per unit of measurement of indicator of capacity of objects, the extent of linear construction and other technical characteristics considering functional purpose of the building, construction. If necessary the enlarged cost indexes of structural elements of buildings (constructions) and types (complexes) of works are applied (including the enlarged cost indexes on the basis of the design estimates of objects analogs);

68-3) financial closing according to the construction projects "turnkey" – the conclusion the supplier of agreements, contracts with physical persons or legal entities, their associations for attraction of the borrowed funds necessary for project implementation of "turnkey" construction during the investment period, and availability of receipt of financing on them;

68-4) borrower according to the construction project "turnkey" – the agreement party about "turnkey" construction with the state and the credit agreement obtaining the credit according to the construction project "turnkey" which incurs obligations on repayment of principal debt and payment of remuneration, and also other payments according to the credit agreement for the construction project "turnkey";

68-5) state obligations according to the construction projects "turnkey" – set of the rights and obligations of the customer and supplier on the amount allocated from the budget, for certain date assumed and unexecuted the customer of financial liabilities under the signed agreements on "turnkey" construction which are approved by the Republican budget commission or the budget commission of local executive body;

68-6) object according to the construction project "turnkey" – buildings and constructions which are created (including are designed and under construction) and (or) are reconstructed, put into operation within project implementation of "turnkey" construction and transferred to the customer, according to the agreement on "turnkey" construction;

68-7) supplier according to the construction projects "turnkey" – the legal entity acting as the customer's partner in the agreement signed with him including consortium;";

state item 4 in the following edition:

"4. GIP are subdivided into the following types:

1) budget investments;

2) projects of PPP;

3) the projects realized by subjects of the quasi-public sector at the expense of non-state loans under the state guarantees;

4) the projects realized at the expense of off-budget fund, National fund of the Republic of Kazakhstan according to Item 3 of article 59 of the Code;

5) budget crediting;

6) construction projects "turnkey".";

state Item 6 in the following edition:

"6. GIP can be directed on:

1) creation (construction) and reconstruction of objects which can be technically difficult and (or) unique, and technically simple and (or) standard, and also creation and development of objects of informatization;

2) institutional development of industry (industries), including creation new, expansion and (or) updating of the operating productions, by means of participation of the state in the authorized capital of legal entities, budget crediting for realization of the state investment policy, the state guarantee on the non-state loan granted the subject of the quasi-public sector, implementation of the construction projects "turnkey" by legal entities.";

state Item 7 in the following edition:

"7. Methods of financing of GIP:

1) financing of the budget investment project, including at the expense of means of the state external loans and joint financing of external loans from the republican budget;

2) budget crediting;

3) participation of the state in the authorized capital of subjects of the quasi-public sector;

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