In 2009 South Kazakhstan governor’s administration established ONTUSTIK Regional Investment Centre (RIC), which since has been investing into priority sectors of the economy at preferential interest rates.
The activity of the institution plays an important role in the support of entrepreneurship in rural areas, including remote areas. ONTUSTIK RIC mainly finances Industrialization map projects, as well as agricultural product production & processing and innovation projects. That is to say that the target niche of ONTUSTIK RIC is agribusiness and Industrialization map projects that are unattractive to the second-tier banks but still belong to the priority sectors of the region’s economy.
The company’s mission is to facilitate the industrial, innovative, social and economic development of South Kazakhstan Region through financing priority sectors of the economy.
Distinctive loan features of ONTUSTIK RIC: