IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2016 | Removal date: open ended
Still in force

Financial grant

On 29 December 2015 the Government of the Republic of Kazakhstan approved Decree No. 1122. It authorises the allocation of an investment subsidy to the limited liability partnership "Kaz Kioti", a strategic tractor and agro machinery manufacturer.
The state support is allocated in the priority investment project for building of a tractor plant for the production of machinery under the trade mark "Daedong". The project's value is 40 million USD (page 2 of the provided 2nd source). The state support is to cover the reimbursement of up to 30 percent of the actual construction works and equipment acquisition costs without value added tax and excises.
Decree No. 1122 enters into force on 1 January 2016.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

441 Agricultural or forestry machinery & parts
8701 Tractors (other than tractors of heading 87.09).
870130 Tracklaying tractors
870190 Other
491 Motor vehicles, trailers & semi-trailers; parts
8701 Tractors (other than tractors of heading 87.09).
870120 Road tractors for semitrailers

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