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Agrarian Credit Corporation funds dairy farm in Almaty region

15 August 2016, 16:10
Almaty Region
Photo: Аграрная кредитная корпорация

As part of the 60th step of the Plan of the nation Agrarian Credit Corporation has funded a project to develop milk production and dairy products in Arkabaev village,  Talgar district,  Almaty region.

Thanks to the financial support of the Corporation in the amount of 500 million tenge LLP "Bayserke-Agro" has been able to increase the capacity of the existing dairy farm up to 850 head of cattle, as well as able to buy new equipment and to complete the construction work. In the future, the company plans to produce about 16 tons of milk per day, or 5 thousand t ons of milk per year.


For reference:

JSC "Agrarian Credit Corporation"   was created by the  decision of the Government of the Republic of Kazakhstan in 2001. The main purpose is to promote industrialization and diversification of the agricultural sector through affordable lending to  subjects of agriculture of the Republic of Kazakhstan. The ACC is a part of "KazAgro" National management holding.

60th Step of the Plan of  nation "Attraction of strategic investors for  production of milk and milk products"  aims to export half of the products  to the markets of CIS countries within three years.