Kanat Sharlapayev visits Pavlodar-based projects funded by Baiterek Holding

Kanat Sharlapayev, Chairman of the Board of Baiterek Holding, and Prime Minister Alikhan Smailov visited several facilities in the Pavlodar Region.

In particular, the delegation visited Agro-Trade PV LLP, which is currently building a farm for 1200 Holstein Friesian cows and an irrigation system for 1,634.63 hectares where they plan to grow potatoes and livestock feed. The Agrarian Credit Corporation (a subsidiary of Baiterek Holding) financially supported this project. 

Also, the Damu Fund subsidized another project of Agro-Trade PV LLP: the construction of a vegetable store for 10,000 tons of potatoes.

The Development Bank of Kazakhstan funded the construction of a primary aluminium plant in the Pavlodar Region. This plant, which is expected to produce 250,000 tons of aluminium a year, has created 2,314 new jobs.

StekloMir Company is one of the country's largest enterprises. It sells flat glass and produces double-glazed windows, mirrors, glass furniture, and other interior items. The enterprise also received financial support from the Damu Fund.

– Pavlodar Region is known for its manufacturing sector. All these projects, supported by Baiterek Holding, are important for our economy. They will manufacture products necessary for the industry and the construction sector. Our task is to establish close contact with the regions, find unique investment projects, and fund them. One project can receive support from several of our subsidiaries, – said Kanat Sharlapayev.

Also, the head of Baiterek Holding took part in a meeting that focused on the socio-economic development of the Pavlodar Region. The meeting was chaired by the Prime Minister of Kazakhstan.