Kazagromarketing is the operator of the investment subsidy program of agribusiness entities
Starting from 2014, Kazagromarketing is the operator of the investment subsidy program of agribusiness entities.
The main functions of Kazagromarketing as the operator of the investment subsidy of agribusiness entities are:
- verification of documents submitted by investors for compliance with subsidy program;
- preparation of recommendations on the compliance of the projects according to requirements of investor subsidy rules.
What are the main points of the investment subsidizing program?
According to the program, legal entities belonging to agro-industrial complex and carrying out investments in the Republic of Kazakhstan can count on compensation of part of the expenses on creation of new and expansion of the operating capacities in different branches of agrarian and industrial complex, including the acquisition of equipment within the investment project.
Investment subsidies assume compensation from 20 to 80% of the expenses directed on implementation of the project.
Investment subsidizing is carried out on the basis of Rules of subsidizing on compensation of part of the expenses incurred by the subject of agro-industrial complex on the investment project approved by the resolution of the government of RK No. 421 of April 29, 2014.