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Investment projects being implemented in Kazakhstan's Pavlodar region's agriculture(Exclusive)

Business Materials 20 December 2019 11:19 (UTC +04:00)
Investment projects being implemented in Kazakhstan's Pavlodar region's agriculture(Exclusive)

BAKU, Azerbaijan, Dec. 20

By Nargiz Sadikhova - Trend:

Currently, a work on investments attraction and implementation of agricultural projects being implemented in Kazakhstan’s Pavlodar region, region’s Deputy Governor Almas Batanov told Trend.

He noted that the main investing countries are China, Russia, the UAE and Turkey.

Three projects with participation of investors from these countries are being implemented in the region at the moment.

These are the project for construction of a sugar plant in Aksu city, a starch plant in Zhelezin district, as well as pumping stations and power lines for irrigated land development.

The project for construction of the sugar plant is being implemented on the territory of Agropark industrial zone. The timeframe of the project’s implementation is 2020-2022. Total cost of the project is assessed to be 120 million euros. The planned capacity is 110,000 tons of sugar a year.

Implementation of the project for construction of the starch plant in Zhelezin district is planned for 2020-2021. Total cost of the project is $20 million, whereas its capacity will by 140,000 tons of potato, 21,000 tons of starch, 2,800 tons of protein a year.

Batanov also noted that annually, new jobs are created in agriculture sector with implementation and modernization of investment projects.

“Thus, some 80 jobs were created since the beginning of the year. At the same time, during harvesting and sowing, about 5,000-6000 temporary jobs are created,” he said.

Also, Batanov noted, according to the statistics, some 65,400 people were employed in region’s agriculture in 2Q2019, which is 17 percent of the region’s population.

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