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DBK opened financing for the largest project in the poultry industry of Kazakhstan

A poultry farm with a capacity of 60 000 tons of broilers per year will be built in Akmola region

Development Bank of Kazakhstan JSC (a subsidiary of Baiterek National Managing Holding, hereinafter referred to as the Bank, DBK) has opened a credit line for Makinskaya poultry farm LLP for the construction of the first stage of a poultry farm for farming broilers in Bulandy district of Akmola region (hereinafter - the Project). In order to comply with the requirements of biosafety and environmental friendliness of production, the company will use high-tech energy-saving equipment at the stages of incubation production, slaughter of poultry and production of meat and bone meal.

The total cost of the first stage of the Project is KZT 33.5 billion, the amount of the loan from DBK for up to 10 years is KZT 16.1 billion.

"Being in the zone of the food belt of Astana, the Project will ensure not only the regular supply of poultry meat to the capital, but will also increase the export potential of the poultry industry in Kazakhstan through the production of high-quality, competitive products on modern energy-efficient equipment," emphasized the Senior Banker of the Directorate for Customer Relations of DBK Assel Shitenova.

Productivity of the first stage of the poultry farm will be 30 thousand tons of broilers in live weight per year. After commissioning of the second stage, Makinskaya poultry farm will become the largest in the Central Asia region by volume of production.

Commissioning of the first stage of the poultry farm is planned for the third quarter of 2018. The first stage provides for the launch of four broiler farming sites with twelve poultry houses at each, an incubator, a poultry processing plant. The second stage will be put into operation in 2020 and includes construction of additional 48 poultry houses at four sites and thus, there will be an increase in the capacity of the enterprise to 60 thousand tons of products in live weight per year.

The company's products are designed for the domestic market, primarily in Astana and Karaganda, where it is planned to sell up to 40% and 20% of chicken meat, respectively.

"Makinskaya poultry farm is a modern factory that will provide the region with chilled broiler meat. For Kazakhstan this is a relatively new product, but chilled meat is widely used in consumption around the world. The total demand for Akmola, North Kazakhstan, Kostanay, Karaganda regions in chicken meat, where we plan to be present, is estimated at 82 thousand tons per year, of which only 22 thousand tons are currently covered by Kazakhstani poultry farms. In general, domestic producers of chicken meat provide only 48% of the domestic market demand. Affordable financing from DBK will contribute to the import substitution in the Kazakhstan food market, " said the founder of «Aitas» company group JSC (a group of companies, the structure of which includes Makinskaya poultry farm) Serik Tolykpayev.