Authors:
G. M. DUZELBAYEVA, candidate of economical sciences,
O. I. MALYARENKO, candidate of economical sciences,
Kostanay Engineering and Economic University named after M. Dulatov (59 Chernyshevsky str., 110000, Kazakhstan, Kostanay),
Chelyabinsk State University, Kostanay branch (168A Borodin str., 110006, Kazakhstan, Kostanay).
Abstract. Today leasing is a unique investment vehicle which allows acquiring necessary capital goods through external long-term financing. Under severe lack of financial resources for updating fixed assets, implementation of technological advances and innovations, leasing is an effective tool in adressing the problem of upgrading technical equipment for most domestic agricultural producers. The goal of this study is analysis of the major trends in the development of leasing services market and its influence on technological development and re-equipment of agro-industrial complex. Currently the share of agricultural equipment with life cycle over 15 years is 79 % in Kazakhstan’s AIC, while annual renewal rate of agricultural equipment in 2013–2016 varies between 1.1–1.7 % against the requested technological renewal standard of 10–12 % a year in developed countries. Therefore there is a need for conducting a wholesale technological modernization of AIC enterprises, which will allow replacing lowproductive and labor intensive equipment with more advanced and effective. Today the new direction of government support for agricultural producers has become financial recovery of enterprises, which is carried out through subsidizing the portion of the rates of remuneration under a contract concluded for agricultural equipment leasing. The leasing market totals in 2016 show noticeable growth, which is mostly caused by the presence of lease financing in State programs for business support. Kazakh leasing market can be described as highly concentrated since 80 % of leasing market is formed by two market leaders: «KazAgroFinance» JSC and «DBK-Leasing» JSC, and that is a negative trend.
Keywords: leasing, leasing activities, lease portfolio, leasing of agricultural equipment, government support for leasing.
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