JSC “Atameken-Agro" is the first agroholding to receive financing from the European Bank for Reconstruction and Development (EBRD)

JSC 'Atameken-Agro' is proud to become the first holding in the agricultural industry of Kazakhstan to receive financing from the EBRD in the amount of $10 million. This milestone serves to reaffirm our leadership role in spearheading agricultural development initiatives and our unwavering commitment to integrating cutting-edge technologies for the attainment of superior outcomes.
Cooperation with the EBRD opens up broad prospects for the modernization and development of our production capabilities. This funding will be allocated towards optimizing the energy usage of our agricultural machinery fleet, which in turn will significantly increase the company's productivity and support the sustainability of Kazakhstan's agricultural sector.
Through the equipment acquired with this capital, we anticipate not only enhancing fuel efficiency and reducing air pollution but also making a substantial impact on human capital development in the farming industry. We will take proactive measures to train our workforce in innovative agricultural practices, which will be an important contribution to strengthening our team and enhancing competitiveness in the global market.
“Despite the obstacles that the agricultural industry faces and the risks connected with agribusiness, the EBRD sees opportunities for its development in Kazakhstan. This represents an important first step toward increasing financial assistance for Kazakhstan's agricultural sector by the leading global investment organization of this scale” highlighted Kintal Islamov, the head of "Atameken Agro".