The Development Bank of Kazakhstan (DBK) plans to get financial support from Integrated Accumulative Pension Fund (UAPF) in a total sum of 65 billion tenges.
According to Bolat Zhamishev, Manager in Chief of DBK, Bank has planned to use that money restructure bank loans. DBK has the finance to cover all borrowed money from IAPF.
"Part of financial support is going to be used for the construction of factory where railroad tools will be made which had already started in Aktobe," Mr. Zhamishev told.