tools to support entrepreneurs in foreign trade activity ... kazakhstan.pdf · center, astana,...
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Tools to support entrepreneurs in foreign
trade activity: The experience of
Kazakhstan
2017
“Damu” Entrepreneurship Development Fund” JSC
• Established in 1997 according to the Decree of the Government of the Republic of Kazakhstan
• Mission: Fostering quality SME development in Kazakhstan through comprehensive support,
including a wide range of financial instruments and programs for the development of
competences
• The sole shareholder - JSC “National Managing Holding” Baiterek”
18 CES (in every regional
center, Astana, Almaty,
Semey, Turkestan
14 Mobile CES in districts
Regional network:
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Tools to support entrepreneurs in foreign trade
activity offered by the Fund "Damu"
Subsidies
Guarantes
Financing
Funding entrepreneurs through Banks under
program of support for SMEs in the
manufacturing sector
The partial credit guarantees on loans to
entrepreneurs under the Unified program of
business development and support "Business
Road Map 2020"
Subsidizing interest rates of entrepreneurs
under the Unified program of business
development and support "Business Road
Map 2020"
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Subsidized interest rates on loans / leasing transactions
• Main terms:
• Period of subsidizing – 3 years, with prolongation up to 6 years
• The maximum amount of subsidized credit / leasing – 4,5 bln. tenge ($14,5 mln/) Including up to 30% for replenishment of working capital (1,35 bln. tenge ($ 4,3 mln.)) and up to 70% for investment purposes (2,95 bln. tenge ($ 9,5 mln.))
• The purpose of the project - investments, replenishment of working capital, refinancing
• Special term: the amount of foreign exchange earnings from the total volume of earnings for the previous 6 months is not less than 10%
• The main terms for projects in foreign currency:
• The maximum rate on the loan / leasing - 12% per annum
• Subsidized rate - 5% per annum
• The main terms for projects in tenge:
• The maximum rate on the loan / leasing - 19% per annum
• Subsidized rate on loan - 6% per annum
• Subsidized rate on leasing– 7% per annum
Unified program «BRM 2020»
Direction "Reducing currency risk"
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Participants of the 3rd direction - Entrepreneurs, sells and (or) plan to implement their own
projects in the priority sectors of the economy and the priority sectors of the manufacturing
industry as defined in the State Program for Innovative and Industrial Development of the
Republic of Kazakhstan for 2015 – 2019
The partial guarantee on loans
• Guaranteeing projects in priority sectors - up to 50% on loans up to 360.0 million tenge
• Guaranteeing projects in the sectors of manufacturing industry - up to 20% on loans up to 1,850 bn
• Purpose of project - investment and the modernization and expansion of production
• Guaranteeing loans to 60.0 million tenge, 100% of which is directed to the RWC – allowed
• Terms of guaranteeing – up to 5 years
• For loans, 100% of which is directed to the RWC - term guarantee of 3 years
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Unified program «BRM 2020»
Direction "Industry Support"
Participants of the 2nd direction - Entrepreneurs, sells and (or) plan to implement their own projects
in the priority sectors of the economy and the priority sectors of the manufacturing industry as
defined in the State Program for Innovative and Industrial Development of the Republic of
Kazakhstan for 2015 – 2019
The program to support SMEs manufacturing
industry at the expense of the National Fund of the
Republic of Kazakhstan
Interest rate Amount of credit Term
6% Up to 1 850 mln. tenge Up to 120 months
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• Allocated in April 2014 1 tranche
100 bln. tenge
• Allocated in December 2014 2 tranche
50 bln. tenge
• Allocated in March 2015 3 tranche
50 bln. tenge
Application of funds
(773 projects, 149,1* bln. tenge)
Application of funds
(422 projects, 105,0* bln. tenge)
Application of funds
(484 projects, 91,8* bln. tenge)
• *Banks issued by repayable funds on previously issued loans
Dynamic of subsidizing results
Support for exporters
Subsidizing of interest rates
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Since the start of the Unified program of business development and support "Business Road
Map 2020“in the third direction "Reduction of currency risk" supported 312 projects amounting
to exporters 397.8 billion tenge, paid 23.3 billion tenge subsidies.
Amount of credit, mln. tg The number of signed contracts, units
245,501
322,019
368,944 386,062 397,458 397,817
177 221
274 291 310 312
0
100
200
300
400
500
0
150,000
300,000
450,000
01.01.13 01.01.14 01.01.15 01.01.16 01.01.17 01.04.17
Amount of credit, mln. tenge Number of signed contracts, units
Number of subsidy contracts by region,
unit
8
The largest number of exporters’ projects subsidized in South - Kazakhstan, Kostanay, North -
Kazakhstan, East - Kazakhstan and Akmola regions.
According to the amount of credits, the leading regions are South - Kazakhstan, Kostanay, East -
Kazakhstan, Akmola and Almaty regions.
Amount of credits of subsidy contracts by
region, mln. tenge
Support for exporters
Subsidizing of interest rates
1
2
3
4
4
5
6
7
11
13
20
27
41
50
59
59
0 10 20 30 40 50 60 70
Atyrau r.
Zhambyl r.
Kyzylorda r.
Aktobe r.
Mangystau r.
Astana
Almaty
West-Kaz r.
Almaty r.
Pavlodar r.
Karaganda r.
Akmola r.
East-Kaz r.
North-Kaz r.
Kostanay r.
South-Kaz r.
1,583
2,103
5,672
5,968
10,279
11,439
13,466
16,762
16,902
17,563
24,533
36,963
45,527
53,396
57,508
78,153
0 20,000 40,000 60,000 80,000 100,000
Atyrau r.
Kyzylorda r.
West-Kaz r.
Zhambyl r.
Astana
Almaty
Mangystau r.
Karaganda r.
Aktobe r.
Pavlodar r.
North-Kaz r.
Almaty r.
Akmola r.
East-Kaz r.
Kostanay r.
South-Kaz r.
Number of subsidy contracts by
industries, unit
9
In the sectorial structure of the projects:
• 42% - food producing projects
• 21% - heavy industry projects
Support for exporters
Subsidizing of interest rates
Amount of credits of subsidy contracts by
industries, mln. tenge
1
2
2
3
5
6
13
13
20
49
67
131
0 50 100 150
Furniture
Paper prod.
Other
Other types of industry
Building materials
Agriculture
Light industry
Transporting
Chemical industry
Trade
Heavy industry
Food industry
75
363
1,616
2,448
2,792
5,302
16,016
26,223
26,588
79,919
114,787
121,689
0 50,000 100,000 150,000
Furniture
Other
Building materials
Other types of industry
Agriculture
Paper prod.
Transporting
Light industry
Chemical industry
Trade
Food industry
Heavy industry
Information about exporters - customers of the
Fund "Damu" by country
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Exporters - customers of the Fund "Damu" sell their own products:
mainly in Russia, Uzbekistan, Tajikistan, Kyrgyzstan and China.
Number of exporting enterprises by
country The distribution of exporting enterprises
by country
5
5
5
6
6
7
14
15
23
23
29
41
0 20 40 60
Ukraine
Mongolia
Turkey
Georgia
Belarussia
Azerbaijan
Europe
China
Tajikistan
Kyrgyzstan
Uzbekistan
Russia
1
1
2
3
5
6
10
12
12
108
0 50 100 150
9 countries
8 countries
7 countries
10 countries
4 countries
6 countries
3 countries
5 countries
2 countries
1 country
The structure of export products of “Damu”
Fund’s customers
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Country Name of export products
Russia, Kyrgyzstan,
Uzbekistan, Tajikistan
grain products, wheat, barley,
flax seeds, meal, cotton hulls
mineral and drinking water,
cooking and technical salt,
fruit and vegetable and flower production,
insulating materials, insulating varnishes
liquid ammonia, ammonium nitrate,
starter batteries, stationary batteries and diesel,
plastic pipes and plastic products
capacitor equipment
China
packaging products made of polypropylene and polyethylene,
chocolate products
flour products,
flax, peas, seeds, felt,
semi-finished product "wet-blue" from the skins of cattle and small cattle, leather, protein waste of raw
hides, semi-finished "wet blue" from the cattle skins
Turkey
polypropylene and polypropylene bags,
semi-finished product "wet-blue" from the skins of cattle and small cattle, leather, protein waste of raw
hides, semi-finished "wet blue" from the cattle skins
EU
Frozen fish fillets (pike, carp, catfish and others.)
fruits and vegetables,
Packaging products of polypropylene and polyethylene
Chocolate products
Felt, washed wool, textiles, liquid ammonia
Georgia capacitor equipment
plant protection products and fertilizers, wheat
Headquarters
050004, Almaty, Gogol str., 111
Phone: 8 (727) 244-55-66, 244-55-77
Call-center: 1408
Fax: 8 (727) 278 07 76
E-mail: [email protected]
web: http://www.damu.kz
Thank you for your attention!
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