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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

The round table for existing and potential entrepreneurs-exporters held in akimat of Aktobe region

January 28, 2015 5:07 pm

Management of the Holding "Baiterek" and its subsidiaries, including the "Damu" Fund, representatives of the National Chamber of Entrepreneurs of Kazakhstan (NCE of RK), and staff of Akimat of Aktobe region met with entrepreneurs to clarify the conditions for participation in the program "Leaders of the competitiveness of Kazakhstan".

According to the Holding representatives the Program is open to medium-sized enterprises with corresponding income, ongoing dynamics of growth, stable financial indicators, which are exporting their products.

Among the sectors of the economy, priority will be given to machinery, food industry and production of construction materials.

Program will be implemented by Holding "Baiterek" through its subsidiaries - JSC "Development Bank of Kazakhstan", JSC "Entrepreneurship Development Fund "Damu", JSC "Kazyna Capital Management ", JSC "National Agency for Technological Development ", JSC "KazExportGarant". Each of these development institutes will provide their tools for implementation of program. Among them - the direct lending, financing of leasing transactions, subsidies for interest rate, loan guarantees, export insurance, pre-export financing and trade financing, grants for innovation. Thus, the program will provide comprehensive support for medium-sized enterprises on the principle of "one window".

As a result of implementation of the program it is planned to create a companies that can compete in regional and global markets, obtain growth of non-oil exports and import substitution. In addition, it is planned to develop production of high-tech and energy efficiency products, which will increase the productivity of labor, tax revenues and GDP growth.

Management of the Holding and its subsidiaries, representatives of the NCE of RK and staff of regional Akimats are going to hold similar meetings with entrepreneurs of medium-sized enterprises in all regions of the country.