Global Project Finance Guide 2024 – Kazakhstan

A. Overview

1. What is the main legislation and international treaties governing the project financing in your jurisdiction?

The main legislation governing the project financing in the Republic of Kazakhstan ("Kazakhstan") are:

1. the Constitution dated August 30, 1995;
2. the Civil Code (General Part) dated December 27,1994 and the Civil Code (Special Part) dated July 1, 1999 No. 409-I (the "Civil Code");
3. the Entrepreneurial Code dated October 29, 2015 No. 375-V (the "Entrepreneurial Code");
4. the Law on Securities Market dated July 2, 2003 No. 461-II;
5. the Law on Project Financing and Securitization dated February 20, 2006 No. 126-III;
6. the Law on Public Private Partnership dated October 31, 2015 No. 379-V (the "PPP Law");