Oilseeds processing plant to be launched in Kazakhstan's Semey before year-end
BAKU, Azerbaijan, May 7
By Nargiz Sadikhova - Trend:
The oilseeds processing plant will be launched in Kazakhstan’s Semey city in Dec. 2020, Trend reports with reference to Kazakh media.
The future plant’s capacity will be over 1,000 tons of sunflower oil a day. The majority of the construction work has been completed already.
The venture is expected to give a multiplicative economic effect to region’s agricultural producers. The plant is to contribute to solving the issue that farmers have with oil products sale and is to block the outflow of raw materials abroad.
“All major construction work is completed. The work on installation of structures and equipment is currently underway. The workshop itself is sheathed with locally manufactured steel,” the report said.
The manufactured products will be not only sold in local Kazakhstan’s markets, but also exported to China and Russia. This will lead to expansion of cultivated areas for flax, rapeseed and sunflower
The plant is scheduled to be commissioned in December this year and is to become the foremost in the production of vegetable oil. The project’s implementation will create 250 new jobs.
As reported earlier this month, sowing area of highly profitable crops such as oilseeds, vegetables and fodder crops has been increased by 238,000 ha this year in Kazakhstan.
The overall sowing area of agriculture crops was increased to be 22.5 million ha in Kazakhstan in 2020.
The regional budgets allocated 11.3 billion tenge ($425.9 million) to subsidize seed production development this year, whereas 2.5 billion tenge ($5.7 million) were allocated from the republican budget to purchase nearly 29,400 tons of seeds and 838,700 elite seedlings.
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