64.5 mln tenge to be invested into performance of new business ideas in 5 single industry towns in East Kazakhstan region

Almaty. May 24. KazTAG - 64.5 mln tenge will be invested into performance of new business ideas in 5 single industry towns in the East Kazakhstan region, reports the press-service of akim of the region.
"Daniyal Akhmetov, head of the East Kazakhstan region, has ordered to provide state grants first of all to 5 single industry towns. 63.5 mln tenge are planned for performance of new business ideas. 1078 people will be covered with micro-credits in villages and smaller towns," reads the message.
611 potential borrowers have filed applications to over 2.1 bn tenge. Tarbagatai district takes the lead in the funding disbursement- approximately 705 mln tenge. Meanwhile,  Ust-Kamenogorsk, Semey and 3 districts of the East Kazakhstan region have shown low results.
D. Akhmetov has ordered to form a commission and draw up a clear complex of works.

Photo source: picture from an open source


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