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The first project, which received funding under the preferential program, successfully masters the invested funds

21.10.2019
Currently, due to investments of Kazyna Capital Manager JSC the company purchased breeding cattle in the amount of 1,500 heads from Australia breeds Aberdeen-Angus and brought the breeding stock to 3 000 thousand heads. Also, the purchase of additional agricultural equipment was made, the feedlot at the meat processing enterprise was completed (the final fattening site), the purchased land plots are used for fodder harvesting and grazing of the increased livestock. "This is the first project that we supported under the program of concessional financing in the capital. The program was specifically launched for a wide range of enterprises from SME to large businesses. "Kazmyaso" LLP first approached us for support, today it is already yielding results. The company produces and supplies chilled marble beef of the highest quality to the market of Kazakhstan. Kazyna Capital Management supports and believes in this important project," said Asset Sagimbekov, Deputy Chairman of the Board of Kazyna Capital Management. Kazmyaso LLP is a full-cycle company-from its own feed base to packaging lines of finished products- chilled meat. The company uses Australian technology of growing, fattening and slaughtering cattle and attracts foreign consultants, which allows you to quickly receive and apply all the world's innovations and trends in the industry, as well as to comply with and maintain the highest standards of product quality. "Our Project was developed by international experts in breeding Aberdeen Angus breed. Today we have already been able to increase the breeding stock to 3,000 heads. We constantly consult with foreign experts, they help us to establish business processes and train employees. Xavier Thomas McKinnon, an experienced veterinarian and Manager from Australia, is currently providing advice. We invited Mr. Michael Owen from the UK to achieve and support world quality standards, slaughter technology and production of finished meat products," said Tolegen Bozzhanov, General Director of Kazmyaso LLP. The program of concessional financing in capital was launched by Kazyna Capital Management JSC this year and offers an alternative financial instrument to bank lending. Companies from a wide range of industries, including manufacturing, infrastructure projects and agriculture, can receive funding under the Program. The Program is implemented in two directions: corporate business support and SME development.

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