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The 5th Business Forum of Conference on Interaction and Confidence Building Measures in Asia (CICA), 10-11 of November 2016, Astana, Kazakhstan

Government group visited Atyrau region

December 26, 2012 7:05 pm

On December 26 Government group, headed by Deputy Prime minister of RK Krymbek Kusherbaev visited the production facilities in Atyrau region. Chairwoman of the Board of "Entrepreneurship Development Fund" Damu" JSC Lyazzat Ibragimova, during her working visit to as part of the governmental delegation in Kulsary of Atyrau region, described the plans on subsidizing 10% of the interest rate of 14% on loans to entrepreneurs in the monotowns of the country without restrictions by type of economic activity".

In January 2012 in address to the nation of Kazakhstan, "Socio-economic modernization - is the main vector of development of Kazakhstan", President of Kazakhstan Nursultan Nazarbayev instructed the government to develop a program of development monotowns for 2012-2020.

In this regard, in May of this year the Government adopted the following program. According to the information of MEDT of Kazakhstan, for participation in it 27 monotowns are selected with a population of 1.5 million people, representing 16% of the urban population. It should be noted that the single-industry cities are where the bulk of industrial production and employment is concentrated in one or two mainstay businesses as a rule, a single profile and commodity focus. The program involves the solution of problems of unemployment and job placement, support for SMEs and financial support of small local start-ups, a radical modernization of public infrastructure, changes in the social environment of modern life (new schools, hospitals, kindergartens, quality housing).

One of the points of the Working program of visits to Atyrau region - monotown Kulsary of Zhylyoi district.

During the visit to enterprises of Kulsary and meetings with local businessmen Chairwoman of The Board of "EDF" Damu " JSC, said: "Our representatives are already working in monotowns, helping to develop business, and from next year the state will subsidize 10% of the interest rate of 14% for loans of entrepreneurs in the monotowns of the country without any restrictions on the types of economic activity. It is necessary to consider the fact that in such monotowns often lack the collateral base, so the Fund "Damu" itself would guarantee for beginning businessmen."

In Kulsary of Zhylyoi district working group visited "Karashungil" Ltd. which is a participant of "Business Roadmap - 2020" Program. Ltd. was established in October 1992 as construction and assembly department for the construction and repair of pipelines of "Tengizmunaygaz" JSC NC "Kazakhoil." In October 2002 "Karashungil" Ltd. passed into private ownership in the "Association of the Corporation" Bakay" Factory for the manufacture reservoirs "Karashungil" Ltd. was commissioned in 2007. Company is one of the most modern plants of oil and gas engineering in the western region of Kazakhstan, specializing in the production of vertical and horizontal tanks with a capacity of 10 m3 to 10,000 m3. Production of the plant differents by quality, reliability and precision of geometric parameters. The loan bears by branch of "Bank Center Credit" in Atyrau in the amount of 486 925 834.00 tg,the grace period is for 12 months and the amount of received subsidies is 63,796 thousand tenge.