ASTANA, Kazakhstan, September 15. 'Over 200 projects in the agro-industrial complex totaling 1.2 trillion tenge ($2.16 billion) will be financed in Kazakhstan over the next three years,' said Deputy Prime Minister and Minister of National Economy Serik Zhumangarin, Trend reports via the press service of Kazakhstan’s Prime Minister.
Deputy Prime Minister and Minister of National Economy Serik Zhumangarin said at the presentation of the National Action Plan for the implementation of the President's instructions to the Government.
As part of the "Investment Order in the Agro-Industrial Complex" initiative, it is also planned to expand preferential lending at a 5 percent interest rate, and up to 80 percent of agribusiness loans will be guaranteed by the "Damu" Fund.
Competitions for the allocation of agricultural land will be fully transferred to an electronic format.
