Today investment portfolio of “KazAgro” Holding includes 464 projects with total cost 298,6 billion tenge (with establishment of 14.7 thousand job places), commissioned 348 projects with total cost 207,5 billion tenge or 75% (with establishment of 11,5 thousand job places) including 213 projects reached design capacity 70% and more.
Investment projects are implemented in all regions, including in 75.1% of districts, 76.9% cities of regional significance and 25.9% cities of district significance (for 9 months of the current investment projects covered 24 districts).
Leaders for investment projects commissioning among regions are Akmola region – 63 projects (or 18.1% of total number of commissioned projects), North Kazakhstan region – 40 projects (or 11.5%), Almaty region – 39 projects (or 11.2%), Kostanay region – 37 projects (or 10.6%) and South Kazakhstan region – 30 projects (or 8.6%).
A positive trend is existing for approving new projects, so in 2013, 113 projects were approved, that is more than in 1.5 times exceeds the level of 2012.
As of October 31 of this year, 111 projects were approved, by the end of the year the rate will be maintained.
For the assets of the National Fund of RK 216 investment projects were approved, 187 projects were financed, 146 investment projects were commissioned.
Temporarily free assets, not involved into implementation of investment projects were used for grain purchasing, spring sowing and harvesting, lending of loan associations and others.
In whole total amount of agribusiness support from allocated assets of the National Fund of RK in 2009-2014 totaled to 321 billion tenge, i.e. 1 tenge of attracted assets allows finance agribusiness complex for 2.7 tenge.
In projects portfolio of KazAgro 17% share is taken by 82 projects for processing of agricultural products with total cost of 50.8 billion tenge. Mainly, these are projects for processing of grain, meat, milk, as well as oil, rice, fish, wool and others.
In the current year it is planning to commission 68 investment projects for 37.1 billion tenge, including commissioned at present 56 investment projects. By the end of the year it is planning to commission 12 investment projects.
Implementation of investment projects of the Holding will allow decrease import share in consumption of poultry meat for 21%, share of milk and dairy products importing for 6% and accordingly, share of fruit and vegetable products importing for 5%.
Within attraction of foreign investors to agribusiness complex, with support of the Holding 3 projects are implemented (cost of projects 8 billion tenge or 49.7 million US dollars) with attraction of direct foreign investments for total sum of 2.3 billion tenge (13.5 million US dollars). These are projects as: two reproductive farms for 2 thousand heads of cattle in Akmola region (KazBeef Ltd.), reproductive farm for 3 thousand heads of cattle in Kostanay region (Global Beef Ltd.) with American company Global Beef and forage plant with capacity till 36.8 thousand tons of feed stuff (Agrotrading-2007 Ltd.) with German concern Agravis AG.
At the final stage are the agreements with investors from the United States for construction of a plant for the processing of oilseeds (a business plan is developing for the project implementation in North Kazakhstan region or East Kazakhstan region) for 9.1 billion tenge (50 million US dollars) (Archer Daniels Midland (TNC, the first company in the world in terms of production), with the French company Irrifrance producing systems for irrigation (Atyrau region) for 3.3 billion tenge (18 million US dollars), with Emirates Futures from the UAE to expand an existing feedlot (West Kazakhstan region) and establishment of sheep farm (East Kazakhstan region) for 18.2 billion tenge (100 million US dollars), with the Bulgarian investors (“Tera Group” AD) for the construction of the wholesale market (Astana city) for 6.5 billion tenge (35,7 million US dollars).
Furthermore, till the end of 2014 jointly with EximBank of Hungary it is planning to establish Kazakhstan-Hungarian fund for investing to agricultural projects in RK for sum of 40 million US dollars.