The Prime Minister of Kazakhstan

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Damu fund financed 20 thousand entrepreneurs for KZT 2.3 trillion - Tuleushin

06 May 2016, 19:16

Since 2010 the "Damu" Fund has financed enterpreneurs in the amount of 2.3 trillion tenge, Chairman of the Board of JSC "Entrepreneurship Development Fund "Damu" Kanysh Tuleushin said.

"In general, the Fund "Damu " provided financial support to almost 20 thousand entrepreneurs in the amount of 2.3 trillion tenge in 2010,” he said at the opening ceremony of the exhibition of domestic producers "Made in Kazakhstan".

According to Tuleushin, the third part of the disbursed funds was directed to the manufacturing sector.

"Today, under the state program "Business Road Map 2020" more than 7 thousand companies received subsidizing the interest rate, a total loan portfolio amounted to 1.5 trillion tenge, subsidies were paid in the amount of 122 billion tenge, " he said.

Also, the head of the board of the fund said that the companies that are experiencing problems with collateral were issued about 2 thousand guarantees amounting to 71 billion tenge in 2010.

"In general, it should be noted that companies that have received support under the" Business Road 2020" Map realized production for the sum of 5 trillion tenge, 412 billion tenge taxes were paid. About 67 thousand new jobs were created, " he said.

Along with this, the head of the fund said that the "Made in Kazakhstan" exhibition hosts more than 300 companies, who brought five thousand items of different types of products. At the same time the exhibition presents about 12 branches.

"This suggests that in Kazakhstan there is everything that we can produce and buy," he said. According to him, this exhibition will allow us to learn more about the domestic manufacturers.

In turn, Chairman of the Board of JSC "National Holding "Baiterek" Kuandik Bishimbayev noted that today Kazakhstani manufacturers, entrepreneurs learn more and more about new industries: light industry, machinery, building materials, food industry and others.