Kazakh developers join international market
Developments by domestic scientists are entering the world markets. International experts are interested in an innovative product by the Kazakh Company which can prevent tooth cavities among children and adults. Unlike traditional methods of treatment, this medicine is able to stimulate the natural regeneration of tooth enamel. Last year, the know-how developers received a grant from the National Agency for Technological Development (NATD) to purchase an automated packaging line which allowed increasing the company’s production volumes. Today the remedy is already used in dental clinics of Kazakhstan and abroad. The scientists are planning to release special kits for home use.
BAURZHAN AITUOV, PROJECT FOUNDER:
- 40 clinics are located in different cities of Ukraine as well as in Moscow, Kaliningrad, Novosibirsk and other parts of Russia. This month we’ve got distribution in Uzbekistan. The company plans to patent this product and bring it to international markets in early 2018. We are interested in Brazil. Moreover, we are interested in Middle East & North Africa countries including Dubai, United Arab Emirates.
Since 2011, the NATD has invested in more than 300 innovative projects worth over 12 billion tenge. Today 60% of projects have been completed. According to the agency, the outcome of implementation exceeded the allocated funds for four times due to the increase in the volume of products, the tax payments growth to the national budget and the creation of new jobs.
OMIRZHAN TASHIMOV, DEPUTY CHAIRPERSON, NATD JSC:
- The Kainar-AKB is one of the brands that are already playing a significant role in the international market. This is a major project which is working in the African market. Moreover, it fully entered the Russian market. The company created additional production at the industrial zone in Kazan. Almaty Ventilator Factory works with LG. There are certain agreements and the companies produce industrial and household ventilators.
As part of the grant program of technological development, the NATD finances up to 70% of business costs under a license agreement or 50% of equipment purchasing. This amount reaches 400 million tenge.