Investment in construction is one of the priorities of Samruk-Kazyna Construction. Entrepreneurs and construction companies with ready-made projects that need additional funding can become partners of the Society. How beneficial is such cooperation? Which projects are in priority and how to apply? Let's take a look at this material.

Who can receive investments?

 

Companies that have a commercial project in the field of construction can apply to SK Construction for investments. The Company is ready to invest in profitable projects in order to receive investment income. With such cooperation, both the developer and the company benefit.

What projects does SK Construction invest in?

1. Construction of residential complexes

Residential complexes in the regions and megacities of the country.

 

2. Dilapidated Housing Renovation Program

Demolition of old and dilapidated houses in exchange for the construction of modern residential complexes. The developer independently negotiates with the residents and offers the company a ready-made project.

 

3. Construction of factories and enterprises

Investing in enterprises for the production of building materials, with the aim of import substitution.

Investment amount

Every year, SK Construction invests about 20 billion tenge in all three areas. The amount of investment for individual projects may be different, depending on its value.

The developer must invest at least 20% of the total cost of the project, the rest of the amount will be provided by the Company.

Investment amount

Every year, SK Construction invests about 20 billion tenge in all three areas. The amount of investment for individual projects may be different, depending on its value.

The developer must invest at least 20% of the total cost of the project, the rest of the amount will be provided by the Company.

How it works?

  • The construction company applies to Samruk-Kazyna Construction with a proposal and sends a package of documents;
  • The investment projects department, together with the risk management service, designers and lawyers, are considering the proposal. Such indicators as profitability, profitability, terms of implementation and others are studied;
  • If the project is not commercially viable, then the developer is immediately rejected. Otherwise, the issue is discussed at a meeting of the Board to make a final decision.

Main criteria for project selection

1. the developer has a land plot for the implementation of the project;

2. the developer must have a state license of category I-II;

3. availability of labor resources and equipment;

4. The developer's share in the project must be at least 20%;

5. experience in the construction of facilities in the capital and metropolitan areas with an area of ​​at least 40 thousand m² over the past 3 years (in the regions - at least 20 thousand m²);

6. no tax arrears;

7. for projects for the production of building materials, the priority is import substitution, technology transfer and innovation;

8. For industrial projects, the Company may consider equity participation in the project. At the same time, the share of the initiator in the project must be at least 51%;

Conditions

 

Availability of a ready-made design and estimate documentation for the project with a positive conclusion of the state examination, with the current technical conditions for connection to engineering networks. In most cases, developers apply for financing with only an idea and a plot of land. However, such projects will not be considered.

The project is fully implemented by the developer. He is also responsible for all risks. SK Construction does not interfere in operations

All about profitability

 

We have no interest rates and no traditional payment schedule. Samruk-Kazyna Construction, depending on the form of interaction from the project, receives a fixed income or dividends after the implementation of the project.

For us, projects are considered attractive where the return on investment of the Company (ROI) is not lower than 25% (For example, when investing 100 tenge, the net profit should be at least 25 tenge)

Also mandatory is a positive NPV (NPV - net present value);

 

And the IRR of the project must be higher than the weighted average cost of capital of the project, which at the moment is 15.2% (IRR - internal rate of return).

How to apply?

A complete list of selection criteria, conditions for participation and a list of required documents can be found on the company's website in the "For Investors" section at the link below: https://skcn.kz/ru/news/poryadok-otbora-i-rassmotreniya

It is planned that from next year the requirements will be significantly simplified. This will allow the implementation of even more investment projects.

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