KazAgroFinance constructing feed yard in Pavlodar region

/KASE, December 29, 14/ – KazAgrofinance JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with the following information statement: quote KazAgroFinance JSC provides financing for construction of the feed yard for simultaneous management of 10 000 head of cattle based on the operating feed yard for 3000 head. The Project value is over KZT4.5 mlrd., where the funds by KazAgroFinance JSC will be KZT3.626 mlrd. The funds are allocated from the National Fund of the Republic of Kazakhstan at 6% p.a. for 9.5 years. Feed yards are one of the links in the beef export potential development chain in the republic. The core factor for fattening is the availability of the enough feed resources. The cattle is under store feeding for some months and gaining weight of up to 400-450 kilogram. Totally, in 2014 KazAgroFinance JSC commissions 5 feed yard projects with the total capacity of 1 670 head. unquote [2014-12-29]