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The Level of Roadside Service Facilities along the Republican Roads will be Significantly Improved

The Source of Photograph: NC KazAutoZhol JSC

Today, the Chairman of the Board of NC KazAutoZhol JSC, Ulan Alipov, and the Chairman of the Board of the Baiterek Venture Fund JSC, Zhandar Kutbai signed a Memorandum of Cooperation. The companies plan to cooperate under the Concessional Financing in the Capital Program, implemented by Baiterek Venture Fund jointly with the second-tier Banks, such as Sberbank, Forte Bank, CenterCredit Bank, Alfa Bank, VTB.

The program is being implemented in two directions: support for corporate business and Small and Medium Enterprise development. Under this Program attractive financing conditions are provided for representatives of SMEs, including those who plan to open a roadside service facility, namely rate of interest is up to 8% per annum, amount of investments is up to KZT1 billion with a term of the investment up to 10 years. The projects in various sectors can receive financing, including projects in the field of infrastructure, services and tourism.

In turn, NC KazAutoZhol JSC has allocated 650 sites along the republican roads for the Entrepreneurs. According to the national standard for Categories A, B, C and D small and medium Entrepreneurs can open small canteens or large complexes with parking areas, hotels and shops.




«The completion of the Kazakhstan’s section of the Western Europe – Western China International Road Corridor is very important. It is really the construction of the century»

«We set an objective to develop infrastructure. And it turned out to be within our power. We are currently reviving the New Silk Road. We have opened access to the countries of the Persian Gulf and the Greater East. We have opened the Eastern gates, paving the way to the markets of China and the entire Asian continent», "Kazakhstan-2050” Strategy.
Address of the First President of the Republic of Kazakhstan – Elbasy, 2012.





«The executive authorities need a complete, high-quality Nurly Zhol Program. This is a strategic project which will affect the entire transport infrastructure».






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