The KazAgroFinance company has invested more than 1.4 billion tenge in the agro-industrial complex of the Atyrau region over the past 7 years.
KazAgroFinance has invested more than 1.4 billion tenge in the agro-industrial complex of the Atyrau region over the past 7 years, the company’s press service reported. In particular, it financed the purchase of the region’s farming entities of 432 pieces of equipment totaling 769 million tenge.
Since the beginning of the year, KazAgroFinance has purchased about 500 “Belarus” tractors produced by SemAZ for 1.8 billion tenge for the needs of the domestic agricultural sector. Over this time, the leasing company has purchased more than 1,600 “Belarus” tractors from the Semei Machine Building Plant and given them to farmers in the country, according to the report. KazAgroFinance is a company established by government decree in Kazakhstan in 1999. Its main goal is to support the development of the country’s agrarian sector, ensuring access of agricultural commodity producers to funding resources as well as agricultural machinery and processing equipment on a leasing basis. It is part of the KazAgro National Holding Company.