Kazakhstan to build new sturgeon factory

Kazakhstan Materials 5 October 2021 16:02 (UTC +04:00)
Kazakhstan to build new sturgeon factory

BAKU, Azerbaijan, Oct.5


Minister of Ecology, Geology and Natural Resources of Kazakhstan Serikkali Brekeshev spoke at the government’s meeting about projects in the fishery sector to be implemented in the Mangystau region, Trend reports.

According to Brekeshev, through private investments, three fisheries projects will be implemented in the amount of 30 billion tenge ($71 million), including the construction of a sturgeon factory on the territory of the "Seaport Aktau" free economic zone ("Beluga Queen” LLP).

"As a result, the volume of fish produced will increase from 30 tons to 10,600 tons, and more than 3,000 new jobs will be created. Besides, the ministry will provide investment subsidies. The Mangystan region’s administration will take measures to create infrastructure and allocate subsidies for feed, fish stock and medicines," added the minister.

As earlier reported, the Kazakh government approved the Comprehensive Plan for the Socio-Economic Development of the Mangystau Region for 2021-2025.

"Mangistau region is a region with great potential for development. The implementation of the comprehensive plan will give a new impetus to the development of the region. In just five years of the implementation of the comprehensive plan, 214 activities will be implemented in the amount of 2.1 trillion tenge ($4.9 billion). The region's economy will grow by 32 percent over this period," the Prime Minister of Kazakhstan Askar Mamin said.