/KASE, December 28, 2020/ – Development Bank of Kazakhstan (Nur-Sultan),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release dated December 28, 2020:
quote
Next year, a new multifunctional tourist complex "Karavan-Saray" will raise the
head in the Turkestan region, the construction of which was financed by
Development Bank of Kazakhstan JSC (a subsidiary of Baiterek National Management
Holding JSC, hereinafter referred to as the Bank, DBK).
The total cost of the project is 87 billion tenge, while the volume of the DBK
loan amounted to 40 billion tenge, for a period of 20 years, and the borrower's
own participation is 47 billion tenge. The Bank's financial resources were used
to purchase equipment, as well as for construction and installation works.
The deal was implemented as part of the Comprehensive Plan for the social and
economic development of the Turkestan region until 2024.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_reliz_281220_1.pdf
[2020-12-28]