?KazAgro? forecasts cost of its assets at KZT 323.3 in 2009

ASTANA. January 14. KAZINFORM /Kurmat Samarkhan/ Chairman of ?KazAgro? Holding Assylzhan Mamytbekov has said today that the cost of the company?s assets is to make KZT 323.3 bln in 2009, Kazinform reports.

According to him, the level of the equity capital is expected to make KZT 171.9 bln that is 111,5% in comparison with the last year. "These indices do not include the means allotted from the National Fund", Chairman of the Board said. ?In compliance with the anti-recessionary program, we plan to do huge work on ensuring stabilization on domestic agro-food market and lowering dependence on import and creation of background for future economic growth in agro-industrial complex. This fully conforms to the tasks set by the Head of the State within the stabilization program?, he explained. ?It should be noted that within the stabilization program the holding plans to take measures in two main directions. The first direction is the implementation of breakthrough investment projects. And the second one is short-term and middle-term financing of agro-industrial complex enterprises?, A. Mamytbekov resumed.