Kostanay rgn: Over 1 bln tenge allocated for Business Roadmap 2020 program in 2015
As the regional administration reports, 7 898.8 million tenge was allocated for the realization of the Program. The targeted transfers for private business support were 4 139.4 million tenge, 3 759.3 million tenge budgeted for the industrial infrastructure development.
Regional Coordinating Council for forced industrial development of Kostanay region approved 399 projects in terms of subsidies and guarantee in the amount of loans 63 300. 3 million tenge.
Within the first direction "Support of new business initiatives" and the third "Reduction of currency risks of entrepreneurs" subsidies totaling 1.6 billion tenge paid in 2014.
In 2014, the national budget has allocated 2 billion 738.8 million tenge for the implementation of program activities. 152 projects approved in 2014. The loan portfolio amounted to 8 801.0 million tenge.
Since 2010 the investments amounted to 3 755.6 million tenge including four projects worth 878.5 million tenge in 2014.
In 2014, 12 projects worth 18.0 million tenge were approved for the creation of new industries over the period of the Program in terms of grant funding. As a result more than 10 thousand of existing jobs have been saved and about 2 million new jobs created.
Besides, within the the fourth direction of the program about 2.5 thousand businessmen covered by the non-financial support.
In 2015, 1 557. 1 million tenge allocated from the republican budget for the Program’s realization.