ASTANA, Kazakhstan, July 30. Kazakhstan plans to implement 683 projects in the agro-industrial complex (AIC) over the next three years, totaling 3.4 trillion tenge (approximately $6.2 billion), the country's Vice Minister of Agriculture Amangali Berdalin said at a government meeting, Trend reports via the Kazakh government.
According to him, these initiatives are expected to create around 23,000 new jobs in the agricultural sector. He emphasized that the ministry is focused on increasing employment by facilitating the transition of self-employed individuals into organized agricultural enterprises.
Since the launch of the Auyl Amanaty program, more than 17,000 microloans totaling 115 billion tenge ($211 million) have been issued, resulting in approximately 20,000 new rural jobs.
The Auyl Amanaty program aims to raise rural incomes by providing preferential loans for entrepreneurial development, especially in livestock farming and agriculture. Loans under the program are offered at an annual interest rate of 2.5 percent, with repayment terms up to five years, and up to seven years for livestock-related projects.
