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Preparation for the Sowing Campaign of 2012

Preparation for the Sowing Campaign of 2012 16.03.2012 Within the preparation for the Sowing Campaign of 2012 KazAgroFinance is intended to purchase over 70 heavy duty seeding complexes from the American, German and Canadian suppliers. The contracted machinery for the total amount of over KZT4 milliard will be leased to the interested Kazakhstan farms and agricultural entities for the spring field work. Let us recall that according to the preliminary outlooks of the Ministry of Agriculture of the Republic of Kazakhstan this year the area under crops is 21.2 million ha in the republic. The spring sowing has to be done at the area of 18.5 million ha, including the gain crops – at 16.3 million ha, about 13.5 million ha of them will be allocated for the wheat. It is planned that the sowing areas for the grain and forage crops will be expanded this year. KazAgroFinance concluded the contract for purchase of the batch of the Ukrainian seeders besides the purchase of the seeding complexes. At that, the leasing Company carries out its activity in close cooperation with the Kazakhstan machinery manufacturers, which is the priority. Since the beginning of the year the agreements for purchase of 180 units of various agricultural machinery and equipment to the amount of KZT667 million are made between the Company and the domestic producers. KazAgroFinance purchases the tractors, loaders, trailers, baling machines, KUHNs, loader-haystackers, the various soil cultivating equipment from our manufacturers. Among the largest machinery manufacturers, which the Company collaborates with, is SemAZ. It should be noted that the construction of this enterprise was financed by KazAgroFinance in 2009 within the framework of implementation of the Investment Project “Agricultural Machinery Assembly Production Arrangement”. During this time the leasing Company purchased over 1300 Belarus tractors from the Semei machinery manufacturers and leased to the farmers of the republic. This year KazAgroFinance has concluded the contracts for purchasing of 52 units of the various potato machines to the amount of over Euro 2 million for the benefit of the Kazakhstan potato producers. The machinery is mainly supplied by the Dutch and German manufacturers. As of today the work on the conclusion of the contracts with the suppliers and manufacturers of the agricultural machinery and equipment, as well as the acceptance of the applications from the farms is carried on. The Agreement for Purchase of 200 Grain Harvesters has been made with the Russian Rostselmash, and the understanding for purchase of 100 units of Yenisei grain and rice harvesting machinery has been reached. In general, since 2000 through the end of 2011 KazAgroFinance had purchased and leased to the farms of the agricultural sector of the country 18.6 thousand units of the various agricultural machinery to the amount of over KZT157.7 milliard, including over 700 seeding complexes, 1300 seeders and about 5 000 tractors. “KazAgroFinance” JSC is the company established by the Regulation of the Government of the Republic of Kazakhstan in 1999. The key goal is to support the development of the agricultural sector of the republic by providing the agricultural producers with the access to the finances, as well as to the agricultural machinery and technological equipment on lease basis. The Company is the part of the National Managing Holding “KazAgro”.

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