In line with the Head of State's directive to attract transnational companies to Kazakhstan's agro-industrial sector, the Ministry of Agriculture, in collaboration with NC Kazakh Invest, is currently overseeing 55 projects involving foreign investors, amounting to a total investment of $3.8bn.
During a recent government meeting chaired by Deputy Prime Minister Serik Zhumangarin, the progress of seven key projects involving global transnational companies was reviewed. These projects, which are at various stages of implementation, signify significant advancements in Kazakhstan's agro-industrial complex.
Several projects are underway in Kazakhstan, aiming to bolster various sectors of the economy. These initiatives include the establishment of an orchard and a fruit processing plant in the Almaty region in partnership with Swiss company INOKS Capital. Additionally, PepsiCo is investing $160mn to construct a salty snacks plant in the same region. In the Zhambyl region, cooperation between QazBioPharm holding and French company Boehringer Ingelheim Animal Health is focused on producing foot-and-mouth disease vaccines.
Coca-Cola Almaty Bottlers LLP is engaged in the production of soft drinks in Shymkent, while the Spanish consortium BigFarm is investing $132mn in the Yereymentau district to develop an integrated livestock complex in the Akmola region. Further enhancing the region's economic landscape, Citic Construction is building a deep grain processing plant in the Almaty region, and Mareven Food is involved in soft drink production in the same area.
The meeting also addressed challenges requiring intervention from government agencies. Deputy Prime Minister Zhumangarin instructed the Ministry of Agriculture, local executive bodies, and the Ministry of Foreign Affairs to intensify their efforts in supporting the ongoing projects and attracting more transnational companies to the agro-industrial sector.
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