diff --git a/build_scripts/Dockerfile b/build_scripts/Dockerfile
index a14ce8f..5f001dc 100644
--- a/build_scripts/Dockerfile
+++ b/build_scripts/Dockerfile
@@ -1,5 +1,5 @@
 FROM python:2.7.16-alpine3.9 AS compile-image
-ARG TERRAFORM_VERSION="0.11.7"
+ARG TERRAFORM_VERSION="0.12.3"
 
 ENV BOTO_CONFIG=/dev/null
 COPY . /sources/
@@ -19,7 +19,7 @@ RUN apk del --purge build
 FROM python:2.7.16-alpine3.9
 ARG HELM_VERSION="v2.13.1"
 ARG KUBECTL_VERSION="v1.13.4"
-ARG TERRAFORM_VERSION="0.11.7"
+ARG TERRAFORM_VERSION="0.12.3"
 ARG VAULT_VERSION="1.1.1"
 ARG AWS_IAM_AUTHENTICATOR_VERSION="1.12.7/2019-03-27"