diff --git a/build.gradle.kts b/build.gradle.kts
index c35668853b5..abfd968dce9 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -28,6 +28,7 @@ buildscript {
     dependencies {
         bootstrapCompilerClasspath(kotlin("compiler-embeddable", bootstrapKotlinVersion))
 
+        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.12")
         classpath("com.gradle.publish:plugin-publish-plugin:0.9.7")
         classpath(kotlin("gradle-plugin", bootstrapKotlinVersion))
         classpath("net.sf.proguard:proguard-gradle:6.1.0")
diff --git a/buildSrc/build.gradle.kts b/buildSrc/build.gradle.kts
index 6b442e7626c..36d6cfdc41c 100644
--- a/buildSrc/build.gradle.kts
+++ b/buildSrc/build.gradle.kts
@@ -21,7 +21,7 @@ buildscript {
     }
 
     dependencies {
-        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.8")
+        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.12")
         classpath("org.jetbrains.kotlin:kotlin-gradle-plugin:$buildSrcKotlinVersion")
         classpath("org.jetbrains.kotlin:kotlin-sam-with-receiver:$buildSrcKotlinVersion")
     }
@@ -90,7 +90,7 @@ repositories {
 
 dependencies {
     implementation(kotlin("stdlib", embeddedKotlinVersion))
-    implementation("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.8")
+    implementation("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.12")
 
     implementation("net.rubygrapefruit:native-platform:${property("versions.native-platform")}")
     implementation("net.rubygrapefruit:native-platform-windows-amd64:${property("versions.native-platform")}")
diff --git a/buildSrc/settings.gradle b/buildSrc/settings.gradle
index 2da8b73f47c..f8b95076931 100644
--- a/buildSrc/settings.gradle
+++ b/buildSrc/settings.gradle
@@ -20,7 +20,7 @@ buildscript {
         }
     }
     dependencies {
-        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.8")
+        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.12")
     }
 }
 
diff --git a/dependencies/kotlin-build-gradle-plugin/build.gradle.kts b/dependencies/kotlin-build-gradle-plugin/build.gradle.kts
index dc3d7442b2d..cb81f36660f 100644
--- a/dependencies/kotlin-build-gradle-plugin/build.gradle.kts
+++ b/dependencies/kotlin-build-gradle-plugin/build.gradle.kts
@@ -4,7 +4,7 @@ plugins {
 }
 
 group = "org.jetbrains.kotlin"
-version = "0.0.8"
+version = "0.0.12"
 
 repositories {
     mavenCentral()
diff --git a/dependencies/kotlin-build-gradle-plugin/src/BuildCache.kt b/dependencies/kotlin-build-gradle-plugin/src/BuildCache.kt
index c0bbf376c79..adc672dcbfc 100644
--- a/dependencies/kotlin-build-gradle-plugin/src/BuildCache.kt
+++ b/dependencies/kotlin-build-gradle-plugin/src/BuildCache.kt
@@ -10,6 +10,7 @@ import java.net.URI
 
 fun Settings.setupBuildCache() {
     buildCache.local.isEnabled = kotlinBuildProperties.localBuildCacheEnabled
+    kotlinBuildProperties.localBuildCacheDirectory?.let { buildCache.local.directory = it }
     kotlinBuildProperties.buildCacheUrl?.let { remoteCacheUrl ->
         buildCache.remote(HttpBuildCache::class.java) { remoteCache ->
             remoteCache.url = URI(remoteCacheUrl)
diff --git a/dependencies/kotlin-build-gradle-plugin/src/BuildProperties.kt b/dependencies/kotlin-build-gradle-plugin/src/BuildProperties.kt
index 0fae1aa2f6b..a53f9f036f0 100644
--- a/dependencies/kotlin-build-gradle-plugin/src/BuildProperties.kt
+++ b/dependencies/kotlin-build-gradle-plugin/src/BuildProperties.kt
@@ -89,6 +89,8 @@ class KotlinBuildProperties(
 
     val localBuildCacheEnabled: Boolean = getBoolean("kotlin.build.cache.local.enabled", !isTeamcityBuild)
 
+    val localBuildCacheDirectory: String? = get("kotlin.build.cache.local.directory") as String?
+
     val buildScanServer: String? = get("kotlin.build.scan.url") as String?
 
     val buildCacheUser: String? = get("kotlin.build.cache.user") as String?
diff --git a/settings.gradle b/settings.gradle
index ffbeb7b936f..db5cbf442a0 100644
--- a/settings.gradle
+++ b/settings.gradle
@@ -27,7 +27,7 @@ buildscript {
         }
     }
     dependencies {
-        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.8")
+        classpath("org.jetbrains.kotlin:kotlin-build-gradle-plugin:0.0.12")
     }
 }