04.09.2025, 12:00 68736

Kazakhstan to spend above 60 bln tenge for 1st launch from Baiterek space complex

Kazakhstan to spend above 60 bln tenge for 1st launch from Baiterek space complex
Images | roscosmos.ru
The deputies of the Kazakh Senate ratified the protocol on amendments to the Agreement between the Governments of Kazakhstan and Russia on building the Baiterek space rocket complex at Baikonur Cosmodrome, Kazinform News Agency reports.

Senator Bibigul Zheksenbai said the document aims to specify the timeframe for the implementation of the state project, as well as to solve tax and organizational issues.

The protocol provides for the following amendments:

  • The start of summer tests is postponed from 2023 to 2025;
  • Three guaranteed launches a year will be carried out from 2028 to 2039 instead of two;
  • A zero rate of value-added tax is introduced for non-residents;
  • The period of validity of tax benefits on corporate income tax for Baiterek JSC is extended from 2028 for 15 years after the commissioning of the new complex.
  • The said tax preferences are supposed to raise investment attractiveness and not to lay an extra burden on the budget.

The total cost of the project is 90.8 billion tenge, of which 60.8 billion tenge is planned for 2025. The first launch is scheduled for December 2025.
 

This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.


Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed