Kazakhstan, Hungary join forces in agricultural projects investment
15:25, 6 November 2014
ASTANA. KAZINFORM - KazAgro JSC and Hungary's state-owned Eximbank are planning to set up the joint Kazakhstani-Hungarian fund that will invest into agricultural sector projects.
It was announced by CEO of KazAro JSC Kairat Aituganov at a press conference on Thursday. The fund is believed to invest into agricultural projects in Kazakhstan for the total amount of $40 million. According to Mr. Aituganov, currently there are 464 projects worth nearly 300 billion tenge in KazAgro's investment portfolio.