April 15, 2024

Almaty Finance has financed the construction of another small industrial park

Almaty Finance LLP, a subsidiary of Almaty SEC, as part of the Almaty Business-2025 entrepreneurship development program, financed the tenth project for the construction of a small industrial park (SIP). SIP is an area for launching small and medium-sized businesses, where entrepreneurs are provided with ready-made premises with connected utilities.

The new SIP will be built by Corporation M&A LLP on the territory of the city specially allocated for the development of industry - in the Almaty Industrial Zone.

Deadline for project realization is January 2025. The SIP will consist of two industrial buildings. Total area of the objects is almost 3.2 thousand m².

"Supporting the construction of a significant infrastructure facility like this will allow SMEs to set up in a location that is ready for start-up. The areas will be leased to businesses on favorable terms - up to KZT 1,350 per m². Subsequent redemption is also allowed at a price of KZT 180,000 per m². Approximately 5 enterprises are expected to be able to work simultaneously in the new SIP, which will create approximately 300 new jobs", - said Aiganim Suleeva, Chairman of the Board of Almaty Finance LLP.

It should be noted that Almaty Finance LLP provides preferential financing to SMEs in Almaty at the rate of 2%* or 6%* per annum. The purpose of lending is to create new production facilities and replenish working capital.  Maximum loan amount is KZT 500 mln. Term is up to 7 years.

Almaty Finance lending program is implemented as part of "Almaty Business-2025".

For more information about Almaty Finance LLP, please call +7 (727) 222-01-50 or visit https://almatyfinance.kz/.

*Annual effective interest rate is calculated individually