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KAZAKHEXPORT SUPPORTS KOSTANAY REGION EXPORTERS

Ruslan Iskakov, Chairman of the Management Board of EIC KazakhExport JSC, visited Kostanay region, where he discussed the export potential of the region with Archimed Mukhambetov, the Akim of the region.

Since 2017, KazakhExport has provided support to 11 enterprises of Kostanay region for a total of KZT46.5 bln. These are mainly machine-building and food-processing industries. The company supports such enterprises as SaryarkaAvtoProm LLP, Bayan Sulu JSC, K-Oil LLP, Prombaza-7 LLP, ARASAN Firm" LLP and others.

KazakhExport contributes to the growth of exports of non-primary goods in priority sectors of the economy, forms the practice of financial, insurance and non-financial support of Kazakhstan enterprises. We intend to further expand support for non - primary products and contribute to increasing the volume of export revenue of Kostanay region enterprises," Ruslan Iskakov said during the meeting with the Akim.

In the structure of the region's foreign trade turnover, exports increased by 15% over the past year and reached 49% or $1.1 bln. Manufacturers of Kostanay region sell their products to Russia, Afghanistan, Uzbekistan, China and Iran.

Processing products account for 20% of exports, or $ 234.9 mln. for January-November 2019. The growth is shown by such items as vehicles and spare parts – by 6.4 times, pasta – by 23%, dairy products – by 12.2%.

Recall that recently KazakhExport has signed an Agreement and implemented a deal to expand the export markets of Kostanay car manufacturer SaryarkaAvtoProm LLP https://en.keg.kz/news/show/prime_minister_askar_mamin_informed_about_plans_for_developing_automotive_industry_of_kazakhstan_for_2020 

The mission of Export Insurance Company KazakhExport JSC (a member of Baiterek NMH JSC) is to support the growth of exports of non-primary goods, works, and services in priority sectors of the economy and to develop the practice of financial insurance and non-financial support for Kazakhstan enterprises.