Article 29. Measures of state stimulation of industry of the Law on Industrial Policy

Home / RLA / Article 29. Measures of state stimulation of industry of the Law on Industrial Policy

Government incentive measures for industry include:

1) financing, including co-financing of industrial and innovative projects, leasing financing;

2) provision of guarantees and guarantees for loans;

3) lending through financial institutions;

4) subsidizing the interest rate on loans issued by financial institutions and coupon interest on bonds;

5) making investments in the authorized capital;

6) provision of engineering and communication infrastructure;

7) provision of land plots;

8) stimulation in the domestic market;

9) development and promotion of exports of goods and services of Kazakhstani origin in the manufacturing industry, assistance in their implementation;

10) stimulating an increase in labor productivity;

11) stimulating the development of territorial clusters;

12) debt restructuring;

13) provision of industrial grants;

14) other measures determined by the Government of the Republic of Kazakhstan on the basis of recommendations and proposals of the interdepartmental commission on industrial policy in accordance with this Law.

This Law establishes the fundamental principles of industrial policy and regulates public relations that arise during the formation and implementation of industrial policy.

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Republic of Kazakhstan

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