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Project name: Satayev A.N. IE


I.                   Project overview:


1.      Project cost


2.   Project location

3.   Project documentation (project, operating, DED, feasibility study, work program)

yes/no, readiness condition

Not determined, the plant was built in the 80s and purchased by Satayev A.N. IE in 2006.

South-Kazakhstan oblast, Sairam region, Aksukent village

All documents, including original title documents are available


II.                Project description


4.    Project description

processing of fruit and vegetables

5.    Final product (quantity per year, tons, etc.)

End products: juice, a variety of salads and pickles, produced by processing of vegetables, fruits and various spices.

6.    Raw material resources (subsoil resources)

Cucumbers and tomatoes are purchased from agricultural producers of South Kazakhstan oblast during cultivation of these crops in the open field.

Glass jars and lids - the Russian Federation, South Kazakhstan oblast.

Fruit purees - Uzbekistan.

7.    Sales area (the Customs Union, People's Republic of China, etc.)

The northern, central and western part of Kazakhstan

8.    Project duration (road map)

The project has been commissioned, information about the object commissioning date is not avalable (according to oral information provided by the Borrower commissioning was performed approximately in 1980-s)

9.    Estimated year for construction start

The project has been commissioned

10.               Estimated year for object commissioning  

The project has been commissioned

11.              Land plots availability

Not required, cultivation of agricultural products is not carried out

12.              Transport infrastructure (railroads, motorroads)

The closest dead end is located at a distance of 500 meters from the manufacturing base

13.              Communication opportunities (electricity, water, canalization, etc.)

All necessary communications are conducted, a well of 120 meters depth fully meeting the needs for water is available

14.              Premises (specify area, parameters)

The territory of the manufacturing base is 0.5861 ha, total area of the premise is 1073 sq.m.

15. Possibilities for the formation of minimum authorized capital (30% of the total project cost) by Kazakhstan companies in order to attract funding

As of today's date the project is recognized as troubled, the Borrower is outside the country, declaration of bankruptcy is planned. It is necessary to consider the opportunity of full acquisition of the business with appointment of new management.

16.  Availability of necessary budgetary funds or the need for budgetary funding

There is a need for additional financing, as the production capacity has not been mastered in full due to the deficit of working capital. There is no need for financing from the RB.

17. Total number of new jobs

The company provided 19 persons of production personnel with jobs, in the period from June to September additional working staff is attracted

18.Total number of new jobs during construction

No information available

19. Manpower quota

Approximately 5 - 7% of total expenses

20. Investment preferences

Investment preferences are not available, as the object has been commissioned.

21. Other measures of state support

Benefits are not available

22. Current status of project

Project is operating. Obtaining subsidized funds is not provided.

23. Project implementation period. Action plan (further action plan for the project:

a) approval of feasibility study

b) construction start

c) construction completion

d) Commissioning operations

e) commissioning

f) release and sale of first products)


As of the time of obtaining a request for financing to replenish working capital from Satayev A.N. IE, the plant had been operating, end products had been manufactured and saled. The Borrower has left the country. It was reported from different sources that a criminal charge against the individual entrepreneur was launched (received 5 police statements).

KazAgroFinance JSC recognized the project as troubled, the issue to secure the collateral objects is being considered. It is planned to sale the collateral.

24. Social and economic effect of project implementation

Providing the population of Kazakhstan with cheap canning products. Export of goods


III.             Project participants:


From the Republic of Kazakhstan

25. Company name

Satayev A.N. IE

26. Form of participation in the project (JV share in capital, loan (credit), EPC (contractor))

Satayev Akhmadzhan Nidai Ogly – 100%

27.Brief description of the company

Sataev A.N. was registered as an individual entrepreneur in March 2006, then the manufacturing complex has been purchased as the private property .

Product catalogue of Satayev A.N. IE: peach juice, cherry juice, apricot juice, liquid apples, tomato juice, canned cucumbers, canned tomatoes with herbs, Adzhika salad, Kobra seasoning, Chily pepper salad, Satsebeli salad, Svezhi salad, Zakuska ovoshchnaya salad, Stew salad

28. Сontact details of the Сhief executive officer

Satayev Akhmadzhan Nidai Ogly, sataev_62@mail.ru

29. Contact details of a person responsible for the project

8-7172-59-28-70Nurdaulet Elubaiuly Komekov  (manager of Debt Collection Division  of KazAgroFinance JSC, n.komekov@kaf.kz)


IV.              Proposals for project implementation


30. Financial structure (equity investments and borrowed resources)

31. Flow chart (equipment delivery conditions, technology transfer, etc.)

32. Other proposals  (if available)

33. Need for additional investments

Investments or full acquisition of the project


Full acquisition of plant for manufacturing canned products

Replenishment of current assets (KZT 200 - 300 mln.)