Project Name 

Construction of an Oil Extraction Plant for Oilseeds Processing in Petropavlovsk

Project Description 

Construction of an Oil Extraction Plant for Oilseeds Processing in Petropavlovsk

Borrower

Development Bank of Kazakhstan JSC 

Maslo-Del Petropavlovsk LLP

Final Beneficiaries

Selivanov Pavel Gennadievich, Selivanov Boris Pavlovich

Product

Vegetable oil, cake, meal

Industry

Food production

Funding Status

On administration

Region

North Kazakhstan Region

Project Financing Structure 

Project Cost 

21.228 bln ₸

Interest of Development Bank of Kazakhstan JSC, by currency of financing

11.002 bln ₸

Personal Interest of the Borrower

8.242 bln ₸

Interest of other creditors in the project financing

1.983 bln ₸

Terms and Conditions of the Financing Instrument of Development Bank of Kazakhstan JSC 

Financing Currency 

KZT

Type of Financing Instrument 

Non-revolving credit facility

Interest Rate 

9,00 % per annum / 14,8% per annum

Loan Term 

12 years

Source of Financing 

funds within the framework of the State Program of Industrial and Innovative Development of the Republic of Kazakhstan for 2015-2019 / The Bank's own funds (subsidizing the Business Roadmap)