I.O.'S ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of October 15, 2025 No. 106

About approval of Rules of efficiency evaluation of the provided investment preferences

According to Item 2 of article 296-3 of the Entrepreneurial code of the Republic of Kazakhstan and the subitem 2) Item 3 of article 16 of the Law of the Republic of Kazakhstan "About the state statistics", PRIKAZYVAYU:

1. Approve the enclosed Rules of efficiency evaluation of the provided investment preferences.

2. To provide to department of investment policy and development of the financial sector of the Ministry of national economy of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan state registration of this order in the Ministry of Justice of the Republic of Kazakhstan and placement of this order on Internet resource of the Ministry of national economy of the Republic of Kazakhstan after day of its first official publication.

3. To impose control of execution of this order on the supervising vice-minister of national economy of the Republic of Kazakhstan.

4. This order becomes effective since January 1, 2026 and is subject to official publication.

Approved by the Order of the acting minister of national economy of the Republic of Kazakhstan of October 15, 2025, No. 106

Rules of efficiency evaluation of the provided investment preferences

Chapter 1. General provisions

1. These rules of efficiency evaluation of the provided investment preferences (further – Rules) are developed according to Item 2 of article 296-3 of the Entrepreneurial code of the Republic of Kazakhstan (further – the Code) and the subitem 2) of Item 3 of article 16 of the Law of the Republic of Kazakhstan "About the state statistics" and determine evaluation procedure of efficiency of the provided investment preferences.

2. Object of assessment is efficiency of implementation of the investment projects performed by the legal entities who received investment preferences from the state.

3. The efficiency evaluation of the provided investment preferences is performed for carrying out efficiency analysis of the provided investment preferences on social and economic development.

4. In these rules the following basic concepts are used:

1) authorized body on investments – the central executive body performing the conclusion of investment contracts and control of their execution, except for special investment contracts;

2) investment preferences – the benefits of address nature provided according to the legislation of the Republic of Kazakhstan:

to the legal entities of the Republic of Kazakhstan realizing the investment project;

to the leasing companies importing within implementation of the investment project processing equipment based on the agreement of financial leasing for the legal entity of the Republic of Kazakhstan realizing the investment project;

3) the receiver of preferences – the legal entity implementing the investment project, and also the leasing company importing within implementation of such project processing equipment under the agreement of financial leasing for the specified legal entity to whom according to the legislation of the Republic of Kazakhstan investment preferences of address nature are provided;

4) efficiency evaluation – assessment calculated based on the data obtained in the course of monitoring of the provided investment preferences;

5) efficiency index – settlement performance indicator of use of the investment preferences directed to realization of investment preferences;

6) authorized body – the central executive body performing forming of state policy on investment attraction.

Chapter 2. Procedure for evaluating efficiency of the provided investment preferences

5. Annually till March 15, the receiver of preferences sends to authorized body on investments of the data for efficiency evaluation of the provided investment preferences in form according to appendix 1 to these rules.

6. Annually till March 15, the central and local executive bodies send to authorized body on investments of the data for efficiency evaluation of the provided investment preferences in form according to appendix 2 to these rules.

7. Annually during the period from March 15 to April 15, the authorized body on investments, based on the aggregated administrative data provided by receivers of preferences, and also data from the central and local executive bodies according to the supervised investment projects performs information collection. The provided data go to authorized body.

8. Annually during the period from May 15 to July 15, the authorized body carries out efficiency evaluation of the provided investment preferences and their influence on social and economic development.

9. Assessment is performed by four key criteria:

1) cost efficiency – products surplus, amount of the involved investments, growth of tax revenues, increase in export and import-substituting potential;

2) social efficiency – quantity of the created workplaces, the salary level, development of human capital, improvement of working conditions;

3) ecological efficiency – implementation of technologies for decrease in emissions, rational use of resources, minimization of negative impact on the environment;

4) technology efficiency – implementation of innovations, production localization level, transfer of technologies and performance improvement, training of specialists.

10. Efficiency of projects is analyzed in dynamics that allows to trace results at different stages of lifecycle:

1) the short-term evaluation – is carried out within one year upon project completion and its input to operation;

2) the mid-term evaluation – is carried out in three years after project completion, considering cumulative economic and social effects;

3) the long-term evaluation – is carried out in five years after project completion to determine stability of the achieved results and their contribution to development of industry and economy in general.

All results accumulate in the single database with possibility of the subsequent analysis in single parameters.

11. Assessment is carried out concerning the investment projects implemented within investment contracts. All projects which received one or several types of the investment preferences provided by the Code are subject to assessment.

12. Evaluating stages:

1) forming of the list of projects.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info