The regulatory amendments were approved by order of the Acting Minister of Industry and Construction on September 25, 2026, under Decree No. 478, to govern guarantee issuance for shared-equity construction projects.
How does the updated developer rating model calculate scores?
According to the Ministry of Industry and Construction, the framework applies a comprehensive multi-factor scoring model. Assessors examine the builder's financial condition, housing delivery track record, equity participation, payment discipline, commercial appeal, and the project's overall financial stability. The resulting cumulative score reflects the combined risk level of both the builder and the proposed development.
Criteria are organized into two primary categories. Financial metrics measure operating profitability, return on equity, current liquidity, and balance sheet independence. Qualitative and project indicators track completed construction track records, compliance history under prior housing guarantees, equity participation share, payment discipline, cost justification, pricing strategy, and resilience to building material cost increases.
What minimum score must developers achieve to qualify?
The ministry indicated that builders must score at least 50 points to qualify for applicable guarantee fee rates. The resulting score is not permanent and can be improved. Developers may enhance their standing by increasing their equity contribution, strengthening financial reserves, demonstrating completed delivery track records, updating design and cost estimate documentation, and providing additional supporting records.
Do isolated risk factors automatically disqualify an application?
The Ministry of Industry and Construction clarified that specific risk points do not inevitably lead to an application rejection. Decisions are reached through an integrated evaluation in line with statutory requirements and standard procedures. The updated scoring model seeks to enhance transparency, objectivity, and risk-oriented review, while minimizing uncompleted construction hazards and safeguarding homebuyer interests.
FAQ
### When did the updated guarantee rules take effect?
According to the Ministry of Industry and Construction, the changes took effect on October 10.
Rules related to this news
- Which foreign employees are exempt from work permits and quotas in Kazakhstan?Under Migration Law Art.Text and legal basis →
- How does an employer obtain a foreign work permit in Kazakhstan?The employer applies to the local executive body (akimat) where the foreigners will work, online via egov.kz, elicense…Text and legal basis →
### Who assesses developer guarantee applications?
According to the ministry, JSC Kazakhstan Housing Company, serving as the Single Housing Construction Operator, reviews applications using the updated model.
### What is the passing score threshold?
50 points.
### Can developers improve their rating score?
According to the ministry, builders can raise scores by increasing equity financing, providing proof of completed projects, and updating cost estimates.
### Does this development involve Chinese companies?
The source makes no mention of Chinese companies, and no inferences are drawn in this article.
Related reading
- More industry and policy updates: Kazakhstan Investment and Project News
- Building materials: Rock wool production in Kazakhstan: New plant in Karaganda region
- Regional projects: Funding allocated for infrastructure projects in Oskemen
- Project entity setup in Kazakhstan: Company registration services in Kazakhstan
Sources
- Ministry of Industry and Construction of the Republic of Kazakhstan (gov.kz), October 27: https://www.gov.kz/memleket/entities/mps/press/news/details/1317714?lang=ru
Illustration: AI-generated, not a real photograph.