Development Bank of Kazakhstan opens loan facility for KazTransGas Aimak project of gasification of five populated areas in KyzylOrda region
OREANDA-NEWS. Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:
"...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".
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