Information about financing of agribusiness complex of Zhambyl region by “KazAgro” National holding
Total amount of support from “KazAgro” National holding of agribusiness complex of Zhambyl region for 8 months of 2017 totaled to 8 billion tenge. In whole for the republic in 2017 total sum of the Holding financing of agricultural sector totaled to 186 billion tenge.
Investment portfolio of the Holding for Zhambyl region includes 36 projects with the cost of 8.4 billion tenge. Number of created jobs – 760 for the period of operation. To the time 35 projects with the cost of 7.9 billion tenge are commissioned, 733 jobs are created. Among the largest projects in the region are: Aulie-Ata Fenix LLP poultry plant, sturgeons breeding by Lugovskoy horse breeding plant and others.
In 2017 under the line of “KazAgro” National holding 18 agricultural producers were financed for spring sowing works for 0.13 billion tenge on the area of 13 thousand ha. In whole for the republic the Holding for today from budget loan funds only has financed for spring sowing of the current year 1804 households and agricultural formations for 58.1 billion tenge that allow agrarians carry out sowing campaign on area of 2955 thousand ha.
In the current year in Zhambyl region under the line of KazAgro 7 credit cooperatives has been financed for 900.1 million tenge.
Also in 2017 through subsidiary companies of KazAgro 881 microloans has been given to regional agricultural formations for 4487.8 million tenge. It should be noted that within the second direction of the Program for productive employment development and mass entrepreneurship for 2017-2021 in Zhambyl region 294 borrowers were financed for 1.2 billion tenge.
Under the programs of livestock support in the region for 8 months of 2017 only the companies of KazAgro has financed:
-Under Sybaga program – 38 projects for 367 million tenge to purchase 1643 heads of cattle, the plan for the region to purchase seed stock of cattle for 8 months of 2017 was implemented for 82%.
-Under Altyn Asyk program – 55 projects for 360 million tenge to purchase 14788 ewes, the plan for the region to purchase seed stock of small cattle for 8 months of 2017 was implemented for 103%.
-Under Kulan program – 29 projects for 250 million tenge to purchase 795 heads of seed stock of horses, the plan for the region to purchase seed stock of horses for 8 months of 2017 was implemented for 159%.
“KazAgro” National management holding” JSC implements the state policy on development of agribusiness complex of Kazakhstan by means of providing effective management of investment assets of companies included into its structure. The Holding includes “Food contract corporation” National company” JSC, “KazAgroProduct” JSC, “KazAgroFinance” JSC, “Agrarian credit corporation” JSC, “Fund for financial support of agriculture” JSC, “KazAgroGarant” JSC and “Kazagromarketing” JSC.