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Billions for increase of exports of KTP

- City of Shymkent
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Kazakhstan's leading manufacturer of transformer equipment obtained the concessional loan for pre-export financing

Development Bank of Kazakhstan has allocated Kentau Transformer Plant 1.5 billion tenge at the rate of 6% per annum.

This is the result of joint work of the staff of the Chamber of Entrepreneurs of SKR. Experts of the Chamber provided information support for the project within the framework of the state program "Nurly Zhol", the full support of the project before submission of the package of documents to the bank.

Last year Kentau transformer plant tripled the volume of its production to 20 per cent - exports to Russia, Uzbekistan and Tajikistan. Demand for the products of the plant at home and abroad is enormous. This is due to high quality: the equipment works reliably throughout the CIS. In addition, the plant began to produce new products - rail autotransformers. Now the factory has received more and concessional financing. This will increase the export potential. All this happened not without the help of the state.

The other day the director of the Chamber received a thank you letter from the CEO of the holding company “Alageum Electric” E. Ilyasov.

"I would particularly like to acknowledge the support of the expert of the department of project escort of RCE of SKR Nursultan Duisenbiev. A very competent and helpful staff member, he has promoted a rapid and positive solution of DBK in favor of JSC "KTP". I heartily congratulate you and your staff with the Happy New Year 2016! I wish prosperity, success and achievement of your goals!" - says the letter.

35 billion tenge was alocated from the National Fund to support the export of Kazakhstani goods produced in the manufacturing sector by DBK in 2015. JSC "Ust-Kamenogorsk Titanium and Magnesium Plant", confectionery JSC "Bayan Sulu", LLP “RG Brands” and JSC "Arcelor Mittal" received borrowed funds for pre-export financing. Now Kentau Transformer Plant of SKR is added to this list.


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