Project Name

Construction of a Plant for the Production of Caustic Soda, PVC, and Calcium Carbide in the Turkestan Region by LLP "Innovative Complex Sastobe"

Project Description

Production of caustic soda, polyvinyl chloride (PVC), and calcium carbide in the Turkestan region.

Principal

LLP "Innovative Complex Sastobe"

Ultimate beneficiaries

LLP "Financial Trade and Industrial Corporation 'Ontustik'" (the Seitzhanov family)

Manufactured products

Caustic soda, polyvinyl chloride (PVC), calcium carbide.

Industry

Chemical industry

Статус проекта

Under financing

Region

Turkestan Region

Project Financing Structure

Project Cost

175 181 718 000  KZT

Participation of JSC “Development Bank of Kazakhstan”

up to 79 559 789 000 KZT * (including the guarantee of JSC “DBK”)

Borrower’s/Principal’s Own Contribution

60 621 930 000 KZT

Participation of Other Creditors in Project Financing

1) JSC “FRP” – 35,000,000 thousand KZT (Loan) 

2) JSC “Halyk Bank of Kazakhstan” – 15,000,000 thousand KZT (loan included in the guarantee amount of JSC “DBK”)

Terms and Conditions for Providing Financing Instruments by JSC "Development Bank of Kazakhstan"

Type of Support Instrument

Loans, Guarantees

Reward rate

Limit 1: 

Loan – 12.6% per annum, fixed; 

Risk commission on bank guarantee – 3.5% per annum, fixed; 

Limit 2: 

11% per annum, fixed.

Limit 2: 

21,77 % per annum, fixed.

Term

Limit 1: 

Loan – up to 180 months from the date of the Credit Line Agreement (CLA) signing. 

Bank guarantee – up to 120 months. 

Limit 2: 

Up to 120 months from the date of signing the supplementary agreement to the CLA.

Limit 3,4: 

Up to 120 months from the date of signing the supplementary agreement to the CLA.

Contact Information

Website

Address

Republic of Kazakhstan, Turkistan Region, Tyulkubas District, Sastobe village, Block 84, Building 30

Contacts

+7 (72538) 61-800