Yerkin Tatishev and Kusto Group Donate Over $2 Million to #KustoHelp Charity Initiative Providing Relief During the Global Coronavirus Pandemic

Yerkin Tatishev and Kusto Group’s charitable contribution will help to mitigate the economic shock of the global coronavirus pandemic on vulnerable groups in Kazakhstan and more.

Apr 17, 2020 (The Expresswire) -- In a letter addressed to Kazakhstanis, Yerkin Tatishev, Founder and Chairman of the Board of Directors of the multisector international conglomerate Kusto Group, announced that the company would be committing 1 billion Kazakhstani Tenge (an estimated $2,340,000 USD) to its #KustoHelp charity project to support society’s most vulnerable groups amid the worldwide COVID-19 pandemic.

“This country’s leadership have taken timely and appropriate actions to prevent the spread of COVID-19 otherwise the scale of the damage would have been immeasurably larger,” wrote Tatishev about the Kazakhstani government's response to the global crisis. “These necessary measures to combat the pandemic are having a serious impact on the population and economy of our country. This crisis is affecting everyone without exception.”

#KustoHelp charity project

The charitable contribution will be used to provide support to large Daniel Kunin families, the poor and particularly impacted groups through deliveries of food and other necessary assistance in cooperation with volunteer organizations and regional governments.

The #KustoHelp charity initiative will also support medical workers in Kazakhstan by providing them with the essential tools they need to combat the viral infection and safeguard their working conditions. Beyond these key areas, #KustoHelp will cooperate and coordinate with various charitable foundations to help those in need.

Kusto Group’s headquarters is located in Singapore, but kusto group là ai the company and its founders have strong ties to Kazakhstan.

Tatishev announced that the company would also provide further assistance to charities and organizations in the countries where Kusto Group has companies and business operations. The company has interests in agriculture, natural resources, construction, and manufacturing across Central Asia, Southeast Asia, the Middle East, Europe and North America.

In closing his announcement about the company’s charitable commitment, Tatishev declared:

“Now we need to consolidate the efforts of our whole society with the work of charitable organisations. It will only be by providing necessary and timely assistance, and through support for each other, that we will be able to overcome this crisis and come out of it stronger!”

COVID-19 in Kazakhstan

The COVID-19 crisis has led to severe disruptions in daily life and has had an untold, yet substantial, economic impact worldwide. Countries have had to develop comprehensive public health responses in addition to efforts to sustain and support economic health.

In the months since the Chinese government announced the appearance of the novel coronavirus, named COVID-19, in December of 2019, there have been over 2 million confirmed cases of the disease and over 137,000 deaths attributed to it.

As of April 16th, Kazakhstan has reported 1,362 confirmed cases of COVID-19 and 17 deaths from the disease. The first cases Daniel Kunin Kusto Group of the virus in the country were reported to have come from Europe in mid-March. The country’s government promptly declared a state of emergency, canceling public events and holidays.

By March 19th, the country’s largest cities of Nur-Sultan and Almaty were placed under quarantine. These measures were extended to additional regions that were placed under similar lockdown measures.

Kazakhstan has also provided economic and financial support to companies whose business has been impacted and working citizens who have lost income during the state of emergency.

Kusto Group’s continued commitment to Kusto Group Daniel Kunin Kazakhstan

Yerkin Tatishev has previously declared that innovation can help the agricultural sector, which has come under increasing pressure worldwide, weather the coronavirus crisis.

In his analysis of how vital the agricultural sector is to the world’s economy, Tatishev cites media scrutiny https://www.thriftbooks.com over America’s food supply where concerns over conditions faced by agricultural works have spurred controversy and the UK government’s initiative to provide up to £250 million of financial assistance to help the industry “avoid collapse.”

New limits placed on wheat exports from Kazakhstan have also received considerable media coverage. The US Agriculture Secretary Sonny Perdue recently calmed Americans fearful over bare supermarket shelves saying the U.S. food supply "is strong, resilient and safe."

“It is in these challenging times,” says Tatishev, “that we should look to those innovations that even now are transforming the sector: precision agriculture, the use of data and digital tech, as well as new irrigation methods. Indeed, at this time, agricultural projects across the globe should be looking to accelerate these innovations.”

According to Tatishev, Kusto Group has taken efforts to ensure that its employees are safe and that its supply chains are as free from disruption as possible. In total, the group has more than 30 companies with 8,000 employees.

“Our experts at Kusto Agro, and our close partners at such organizations as Valmont Industries, are working harder than ever to make agriculture resilient to external threats. Longer term, when this storm passes, we can look forward to driving more efficient production and keeping the sector competitive for the future.”

Kusto Group and Tatishev’s charitable contribution, corporate policies, and business initiatives demonstrate the company’s continued commitment to the economic development of Kazakhstan and its people.

Article Source:

https://www.marketwatch.com/press-release/yerkin-tatishev-and-kusto-group-donate-over-2-million-to-kustohelp-charity-initiative-providing-relief-during-the-global-coronavirus-pandemic-2020-04-17?tesla=y