Hyundai Trans Kazakhstan LLP

Construction of a plant for the production of Hyundai passenger cars

Mechanical engineering

Funding status: On administration

Information about Hyundai Trans Kazakhstan LLP

Project name Рlant for the production of Hyundai passenger cars
Project description Construction of a plant for the production of Hyundai passenger cars with the capacity of the enterprise at the first stage - 30 thousand cars per year, at the second stage - up to 45 thousand cars per year. The project is being implemented within the framework of the State Program for Industrial and Innovative Development of the Republic of Kazakhstan.
Borrower Development Bank of Kazakhstan JSC Hyundai Trans Kazakhstan LLP
Final beneficiaries
 Nurlan Smagulov 
Product Hyundai cars
Structure of project financing Project cost 31,8 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies Up to 17 bln tenge, including:
1) Limit 1 – до 12,76 bln tenge;
2) Limit 2 – до 4,24 bln tenge.
Borrower's own participation 7,4 bln ₸
Participation in financing of the project of other creditors Industrial Development Fund JSC –  7,4 bln tenge
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency tenge
Type of financing instrument Medium and long-term lending for investment projects
Rate of remuneration 1) Limit 1 –  8,27% in tenge;
2) Limit 2 –  8,48% in tenge.
Loan term 1) Limit 1 – up to 15 years, from the date of conclusion of BLA;
2) Limit 2 –  up to 3 years, from the date of the additional agreement to BLA.
Funding source Republican budget
Additional Information Website www.hyundaiplant.kz
Phone
 7007, mail: htk@hyundai.kz
Address Almaty city, Alatau district, «Industrial zone - Almaty», md. Algabas, st. 7, d. 138/5