key events of 2017
ADOPTION OF THE STATE PROGRAM FOR THE DEVELOPMENT OF AIC OF THE REPUBLIC OF KAZAKHSTAN FOR 2017- 2021
4 of 8 tasks of the State program for the Development of AIC are being implemented with the participation of the Holding. Among them: involvement of small and medium-sized farms in cooperation; saturation of domestic market and development of export potential of domestic products; effective use of financial measures of state support; increase in provision of agricultural producers with equipment, machinery and tools of chemicalization.
As a result:
- 11 agricultural cooperatives, uniting 176 agricultural producers in crop production were financed for seeding for a total amount of 9.9 billion KZT, and 304 agricultural cooperatives, uniting 7,390 farmers in animal husbandry - for a total amount of 20.2 billion KZT;
- 176.4 thousand tons of high-protein wheat and 143.2 thousand tons of barley were purchased; forward purchase contracts of 24 thousand tons of grain, 1,3 thousand tons of sunflower and 420 tons of buckwheat were concluded and financed;
- the export sales of grain, oilseeds and vegetable oil amounted to 121 thousand tons;
- over 2,000 units of equipment with a value of 40.2 billion KZT were transferred to agricultural producers.
KAZAKHSTAN HUNGARIAN INVESTMENT PRIVATE EQUITY FUND C.V. HAS FINANCED 2 KAZAKHSTANI PROJECTS
FOREIGN INVESTMENTS WERE ATTRACTED FOR REALIZATION OF INVESTMENT PROJECTS IN THE AGRO-INDUSTRIAL COMPLEX OF KAZAKHSTAN
TRANSITION TO ELECTRONIC FORM OF GRAIN RECEIPT
THE INTRODUCTION OF THE LOAN GUARANTEE SYSTEM IN RURAL AREAS
The Holding's Subsidiary «KazAgroGarant» JSC for the purpose of access to credit resources for potential borrowers in rural areas introduced a loan guarantee instrument provided by microfinance institutions and credit cooperatives.
AGRO-INDUSTRIAL FORUM «AGROINVEST FORUM-2017»
THE MAIN GOAL OF THE FORUM WAS TO ASSIST KAZAKHSTANI BUSINESS IN FINDING PARTNERS, ATTRACTING INVESTMENT CAPITAL, DISCUSSING NEW TRENDS AND PROSPECTS FOR DOING BUSINESS IN AIC.
The Forum organized by the Holding with support of the Ministry of Agriculture of the Republic of Kazakhstan (hereinafter - the Ministry of Agriculture), brought together over 200 participants from 18 countries, including about 40 representatives of large foreign investment funds and financial institutions, representatives of local and foreign agribusiness.
The main goal of the forum was to assist Kazakhstani business in finding partners, attracting investment capital, discussing new trends and prospects for doing business in AIC. As a result of the event, 2 agreements, 4 memorandums and a financial agreement between European Investment Bank and "Agrarian Credit Corporation" JSC for the amount of 100 million euros were signed for lending to SMEs of AIC of Kazakhstan.
PARTNERSHIP OF THE HOLDING AND EXPO-2017
"KazAgro" Holding" JSC acted as a partner in preparation and holding of the International Specialized Exhibition EXPO-2017 in Astana. The Holding's exhibit presented at the exhibition was devoted to use of «green» technologies in agriculture. The artistic installation of the Holding symbolized the process of pastures irrigation.