Development Bank of Kazakhstan opens loan facility for KazTransGas Aimak project of gasification of five populated areas in KyzylOrda region

16.11.15 17:20
/KASE, November 16, 15/ – Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote Development Bank of Kazakhstan (subsidiary of National managing holding "Baiterek", hereinafter – the Bank, DBK) opened a loan facility for implementation of KazTransGas Aimak's project of gasification of five populated areas in KyzylOrda region (Project). The total value of the project is KZT24.7 bn, more than 30% of necessary funds are provided by the development bank, term – up to 10 years. The project is implemented as part of the second five-year period of industrialization on account of funds from the National Fund. unquote The full press-release is available on KASE website in Russian, at http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_161115.pdf [2015-11-16]