National Managing Holding KazAgro on orders received by KazAgroFinance to the amount over KZT13.0 bn
09.04.14 14:58
/KASE, April 9, 14/ – National Managing Holding KazAgro (Astana), bonds of
which are officially listed on Kazakhstan Stock Exchange (KASE), provided to
KASE the following press release of April 9, 2014:
quotation
Within preparation for spring and field works in "Kazagrofinance" arrived
demands for acquisition of 1365 pieces of equipment for total amount more
than 13 billion tenge. Today contracts of financial leasing for 479 units of
sowing equipment for the sum of 3 664 million tenges are already signed with
landowners, still demands for 886 pieces of equipment are under consideration
of credit committee of the company, and soon will give start on cultivated
areas over all country.
Among "popular" equipment, besides tractors and seeders such types of
equipment as a harrow of kuna, a plow, a press sorter, a cultivator, a
harvester, etc. are registered. It should be noted that the most part of
the equipment bought by farmers within spring and field works – the Kazakhstan
production, in particular, one of the most popular models – the Belarusian
tractor, made on Semipalatinsk a car assembly plant "Semaz". In turn the
hinged equipment for equipment is acquired both from the USA, and from Russia,
Belarus, Ukraine, Canada, Germany, etc.
By the way, for support of agricultural producers since 2013 of JSC
Kazagrofinance I lowered an advance payment for acquisition of agricultural
machinery from 25% to from 15%. Within preparation for spring and field works
of 2014 the advance payment with providing as will make 15% of the cost of a
subject of leasing.
As a whole on spring and field works of this year at the expense of all sources
National operating Kazagro holding it is planned to direct to 61,6 billion tenge
from which 40 billion tenge is the budgetary credit. In the current year funds
for a sowing campaign will be given by holding subsidiaries on similar credit
products of last year. Besides for the first time at the expense of the
budgetary credit of "Kazagro" begins financing of spring and field works
through banks of the second level. The new source of credit resources is
started according to the Agrobusiness 2020 program for expansion of
availability of financing for villagers. As a whole, the funds allocated
by National holding for a sowing campaign, will allow to hold demanded
agrotechnical events on the area of 6,1 million hectares.
KazAgroFinance Press Secretary
Astana, (7172) 580411, (ext.343)
8-702-218-67-17 a.issenova@kaf.kz
ends
[2014-04-09]