16.12.2011 - Kazakh government supports leasing market’s development
The government supports small and medium-sized business development in Kazakhstan by funding leasing companies. In particular, Leasing Group JSC, a subsidiary of Samruk-Kazyna National Welfare Fund, admitted 24 projects worth 1.2 billion tenge for examination under the state program of preferential lease financing of SMEs. Kazakhstan’s leasing market is expected to increase in the next two years. According to forecasts of the «Expert RA Kazakhstan» rating agency, the launch of the industrialization program, the development of the integration process within the Customs Union and the Common Economic Space, and the construction of Western Europe - Western China motor corridor will contribute to this growth...............................................Full Article: Source
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