The Israeli fund is ready to invest up to 1 billion $ in the Kazakhstani Agroindustry

Israel is ready to allocate up to $ 1 billion to finance Kazakhstan's agribusiness. Investments will be directed to projects for processing meat and dairy, fruit and vegetable products; Creation of greenhouses; The construction of modern storage facilities and cooling systems; Installation of irrigation systems; The opening of agricultural training centers; Creation of fisheries; Organization of deliveries of products to foreign markets.

The Israeli delegation of Agro Consortium «Polevoi Group» agreed with JSC «Agrarian Credit Corporation»  at the meeting held on August 7, 2017. The Corporation management discussed with the Israeli experts matters of financing and agriculture directions on which it is possible to work together.

 

Representatives of the Agro Consortium «Polevoi Group» expressed their intention to participate in the implementation of projects in all sectors of agriculture of the Republic of Kazakhstan, by providing long-term loans, co-financing enterprises in an amount up to 85% of their project cost.

 

An important direction is the attraction in the agricultural sector of Kazakhstan of modern Israeli technologies and agricultural equipment on the basis of joint ventures created by the parties. The consortium is ready to contribute to the creation of agricultural machinery production jointly with the world's leading manufacturers in Kazakhstan.

 

«Agrarian Credit Corporation» announced its full openness for international cooperation. The result of the visit of the Israeli delegation was the signing of an agreement on the terms of co-financing and providing guarantees for planned agricultural projects.

 

By the way, the reason for the meeting was the working visit of the Deputy Prime Minister and Minister of Agriculture of the Republic of Kazakhstan Askar Myrzakhmetov to Israel on April 6, 2017. During the visit, the Israeli side studied in detail the text of the Address of the President of Kazakhstan Nursultan Nazarbayev to the people of Kazakhstan on January 31, 2017, having become interested in the emphasis on the development of agriculture in Kazakhstan as an engine of the economy.

 

Press Service of «Agrarian Credit Corporation»  


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