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The Bank is ready to allocate 500 billion for agro-industrial complex projects

12.12.2023
The Bank is ready to allocate 500 billion for agro-industrial complex projects

Deputy Prime Minister Serik Zhumangarin reported to the President on the progress of execution of the order to increase the volume of processing in the agro-industrial complex from 30% to 70%, World of NAN reports with reference to Akorda.

To date, the Ministry of Agriculture has prepared a pool of 500 large potential projects in the agro-industrial complex worth 1.6 trillion tenge for implementation in 2024-2026. For the first time, a second-tier domestic bank expressed its readiness to invest about 500 billion tenge of its own funds in the implementation of these projects. The list of potential projects will be updated in the near future.

The Head of State instructed the Deputy Prime Minister to strengthen control over the effective use of funds in projects in the agricultural sector.


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