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  • Baiterek Holding announced start of medium business’s support program
28 January, 2015 18:21

Baiterek Holding announced start of medium business’s support program

A meeting with businessmen held in Kyzylorda region.
Baiterek Holding announced start of medium business’s  support program | Strategy2050.kz

Deputy Governor of Kyzylorda region Galym Amreyev, Project Manager of Strategy and priority projects "Baiterek" Holding Yermek Kazym, government officials, banks and the "Damu" Fund took part in the event as well.

During the meeting Yermek Kazim presented entrepreneurs Medium business’s support program, where existing or potential exporters of products with the ongoing dynamics of growth, stable financial performance can take part.

 According to Damu Fund such economy sectors as engineering, food industry and construction materials production  will be among priorities.

 It should be noted 40 businessmen working in these spheres exactly took part in the meeting.

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

chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan