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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

Entrepreneur from Kyzylorda region launches workshop for the production of extruded foods

February 16, 2016 6:49 pm

The company "MeaPrim" LLP from the Akay village, Karmakshy district of Kyzylorda region plans to launch a workshop for the production of extruded food products, more known as breakfast cereals, corn flakes, snacks, etc.

First-time entrepreneur Viktor Pavlov plans to obtain a loan from Halyk Bank in order to implement startup. He will be provided with a guarantee of "Damu" Fund up to 85% of the project cost, within the framework of the "Business Road Map 2020" program. For money obtained from loan Pavlov will acquire an equipment and will launch a small workshop.

According to the entrepreneur, for project implementation he will attract production-engineer from Moscow. Within the framework of the project, five jobs will be created and the production volumes will amount to 55 tons of finished products per year.

Viktor Pavlov’s project considered as innovative one, because so far in Kyzylorda region there is no other enterprises, which produces extruded products.