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Kazakhstan to establish sugar syrup production worth over $5M

Business Materials 28 October 2019 16:50 (UTC +04:00)

BAKU, Azerbaijan, Oct.28

By Nargiz Sadikhova - Trend:

Kazakhstan’s Organic KZ.TARAZ company is to establish sugar syrup manufacturing in Kazakhstan’s Zhambyl region, Agriculture Department of regional akimat (administrative center) told Trend.

Сost of the project’s implementation is two billion tenge (approximately $5.1 million), whereas plant’s capacity should equal 200 tons of product a day.

Once the plant is launched, 37 new job spots will open.

The deparment said that 100 percent of goods manufactured at the plant will be sold within the country.

“The business plan of the project has been developed already, and 23 ha of land have also been allocated,” said the department.

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