Samruk-Kazyna Invest LLP and Development Bank of Kazakhstan signed a Memorandum of Cooperation. The memorandum involves the establishment of partnership relations and joint efforts in the implementation of investment projects in Kazakhstan.
Cooperation involves the exchange of information on promising projects, consideration by the parties of investment projects for which reliable information is available for possible participation in financing.
The memorandum also contains provisions on cooperation between the parties in matters of joint expert, information-analytical and research activities and the practical application of its results in the development of projects, improving cooperation between the parties to the agreement and international development institutions in the promotion and implementation of projects.
Development Bank of Kazakhstan specializes in the financing and development of medium and large businesses - these are large-scale infrastructure and industrial facilities in Kazakhstan, which form the domestic non-resource potential and raise the country to a qualitatively new level.
DBK provides medium and long-term loans for investment projects and export operations, loans for current activities, intermediate and mezzanine financing, syndicated financing, financing of leasing transactions, provision of guarantees, participation in capital and interbank financing.
DBK finances projects in the processing sector and infrastructure, including projects from scratch - greenfield, as well as export operations and / or leasing transactions.