Kazakhstan launched call for applications for financing of seed time - Kazagro

ASTANA. KAZINFORM - Applications for financing of spring-field work and harvesting are admitted from agriculture producers, the website of the Prime Minister reported citing "Kazagro".

"National Holding "KazAgro" announced a call for applications for financing of spring sowing and harvesting from agriculture producers in 2015. Accepting applications and further funding of agricultural activities at the expense of budget is implemented by regional subsidiaries of the holding - Food Contract Corporation and Agricultural Credit Corporation, as well as second-tier banks - partners of the program, " statement reads.

According to the company, it is planned to allocate credit in the amount of 60 billion tenge to the holding "KazAgro" to implement measures to support agribusiness entities.

JSC "Food Corporation" has already begun accepting applications for the forward purchase of wheat through the funding of the sowing season JSC "Agrarian Credit Corporation" (ACC) is accepting applications for financing the purchase of fuel and lubricants, spare parts and materials for repair of agricultural machinery, fertilizers, plant protection products and other resources for planting and harvesting.

JSC "National Holding" KazAgro "implements the state policy on development of agro-industrial complex of Kazakhstan.

The holding includes JSC "National Company "Food Contract Corporation", JSC "KazAgroProduct ", "KazAgroFinance", JSC "Agrarian Credit Corporation", JSC "Fund for Financial Support for Agriculture", JSC "KazAgroGarant " and "Kazagromarketing ".

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