JSC NC Prodcorporation and the Eurasian Development Bank (EABR) have signed an agreement to open a credit line worth $100 million. The funds will be used to implement the national grain operator's own projects and may also be used to finance farmers, stimulate the production of priority crops, and create a stable supply of plant products on the domestic market. This cooperation aims to strengthen Kazakhstan's food security and develop the agro-industrial complex. The credit line will expand the national operator's financial capabilities to support the agricultural sector.
EABR to Open Credit Line
The Eurasian Development Bank will provide a $100 million credit line to support Kazakhstan's agricultural sector.