EBD to finance agro-industrial complex of Kazakhstan

ASTANA. July 8. KAZINFORM The Eurasian Development Bank (EBD) and agro-industrial "Ivolga-Holding" LLC signed USD 50 mln loan agreement, the press service of the Bank reported. Kazinform refers to PM's official site.

photo: QAZINFORM

The agreement provides pre-export financing aimed at development of the agro-industrial infrastructure of Kazakhstan and increase in production and export of cereals, the press service informs.

The funds will be allocated for financing agricultural enterprises producing grain over the period of sawing and harvesting campaigns, production of flour, purchase and export of grain and flour to the CIS and non-CIS states as well as at the domestic market. Kazinform cites the official site of the Prime Minister of Kazakhstan.
Learn more on www.pm.kz