NUR-SULTAN – Newly introduced overseas investments from Dutch, Turkish and Arab corporations are anticipated to finance tasks value greater than $500 million in Kazakhstan’s agro-industrial sector and chemical business, reported the press service of the Kazakh Make investments nationwide firm.
A $273 million (117 billion tenge) meat processing plant can be constructed within the East Kazakhstan area. The undertaking is being launched by Kazakhstan’s Eco Meat Vostok firm in partnership with the Kazakh Make investments, FinSight Ventures funding fund and the British firm Brown and Co. This can create roughly 2,000 jobs. A workshop for waste processing into natural fertilizers can be anticipated. The geographical place of the area permits for the export of merchandise to China and Southeast Asia.
“The plant will function utilizing superior applied sciences together with robotic manufacturing. All breeding inventory can be imported from Denmark. The cultivation can be carried out in a very closed plant, which completely excludes the contact of livestock with home and wild animals,” mentioned Regional Director of Kazakh Make investments for the East Kazakhstan area Nartai Beysekov.
The Dutch delegation visited Almaty, Aktobe and West Kazakhstan areas and Almaty on June 2. The delegation included the Meals Ventures, KUBO, Van Der Hoeven, Certhon, Gakon, Dalsem, Hoogendoorn, Svensson, Gakon and Priva corporations.
In response to Kazakh Ambassador to the Kingdom of the Netherlands Askar Zhumagaliyev, six memorandums value greater than $238 million (€200 million) of investments have been signed through the go to.
The Dutch firm Van Der Hoeven will make investments $35 million within the building of the greenhouse facility within the West Kazakhstan area.
“We’re all in favour of Dutch corporations each by way of direct investments and sharing of superior applied sciences, in addition to a profitable cooperation between the state, enterprise, science and training,” mentioned Chairman of the Administration Board at Kazakh Make investments Meirzhan Yussupov.
The Dutch delegation additionally met Kazakh Prime Minister Askar Mamin on June 3.
The funding in Kazakhstan’s agro-industrial advanced was mentioned through the go to of the U.A.E. firm Al Dahra to Kazakhstan on June 8. The corporate’s representatives met with officers of the Kazakh Make investments, the Samruk Kazyna Make investments and the Kazakh Ministry of Agriculture and mentioned a sustainable agro-industrial sector and the attainable creation of an agricultural fund.
The bilateral ties between the U.A.E. and Kazakhstan by way of commerce and agriculture have been confirmed through the assembly of Prime Minister Mamin with Arab Minister of State for Meals and Water Safety of the U.A.E. Mariam Almheiri on June 11.
Kazakh Make investments has additionally ready funding proposals with 9 tasks value $600 million to potential buyers within the chemical business.
It’s reported that the Turkish firm Brimstone Sulfur Supplier will make investments $10 million into sulfur bentonite manufacturing within the West Kazakhstan area.