SilkNetCom JSC

Providing broadband access in rural areas of the Republic of Kazakhstan on the technology of fiber-optic communication lines

Transport, logistics, communications

Funding status: Guarantee status: Assimilated

Information on SilkNetCom JSC

Project name Providing broadband access in rural areas of the Republic of Kazakhstan on the technology of fiber-optic communication lines
Project description The project is implemented in the form of public-private partnership.The project involves the construction of a fiber-optic communication line to connect government agencies, budget institutions, private organizations and the public to broadband Internet access services in 421 rural settlements located in 14 regions of the Republic of Kazakhstan
Borrower Development Bank of Kazakhstan JSC SilkNetCom JSC
Final beneficiaries
Consent has not granted
Products Communication service
Structure of project financing Project cost 16,8 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 13,3 bln ₸
Borrower's own participation 3,5 bln ₸
Participation in financing of the project of other creditors -
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge
Type of financing instrument Medium and long-term loans for investment projects
Rate of remuneration

Until 30.04.2027 – 10,00% per annum

from 30.04.2027 – 15,71% per annum
Loan term Up to 12 years
Funding source Own and borrowed funds of “Development Bank of Kazakhstan” JSC
Additional Information Address Astana, Yessil district, Syganak street, house 25, office 213