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Turkish company eyes setting up agricultural product processing in Kazakhstan

Business Materials 13 March 2021 17:58 (UTC +04:00)
Turkish company eyes setting up agricultural product processing in Kazakhstan

BAKU, Azerbaijan, Mar. 13

By Nargiz Sadikhova - Trend:

Turkish Konuklar Bakliyat company is considering investing in a project for the processing of agricultural products in Kazakhstan’s Kostanay region, Trend reports citing KAZAKH INVEST National Company.

The investors announced their intentions during a visit to Kazakhstan, organized with the support of the Embassy of Kazakhstan in Turkey.

The preliminary data said that the company is considering investing about $3 million in the construction of a complex for processing, cleaning, and packaging oilseeds and legumes.

Investors plan to build a plant for processing green and red lentils, chickpeas, beans, sunflowers, etc. It will be complex for cleaning, packing, and packaging products under a popular Turkish brand. The project also has a potential to become export-oriented.

At the initial stage, the project is expected to provide for the processing of 22,000 tons of products per year. In case of an increase in demand and the availability of high-quality raw materials, the investor is ready to increase investments in the project several times and expand production.

During the meeting of Turkish investors with the leadership of the region, the conditions for the implementation of the project were discussed. In addition, the investor was told in detail about the mechanisms for supporting agriculture and programs for the development of the agro-industrial complex.

At the same time, with the active assistance of the regional akimat, the delegation met with representatives of business circles of the region. As a result of the negotiations, the parties reached an agreement on the further strengthening of trade and economic relations.

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