ASTANA, Kazakhstan, February 16. The Hungarian UBM Group company plans to build a compound feed plant with a capacity of at least 200,000 tons in Kazakhstan, Trend reports.
This topic was discussed between the acting chairman of the board of KAZAKH INVEST JSC Ruslan Ibraimov, and representatives of the Hungarian company.
During the meeting, UBM Group's representative Peter Zoltan noted the great potential for launching production in Kazakhstan due to its strategic location, favorable conditions, and availability of raw materials. According to him, the company can make a significant contribution to the development of production and management systems in livestock farming in Kazakhstan.
In turn, Ruslan Ibraimov told the Hungarian representatives about the investment climate of Kazakhstan, the activities of KAZAKH INVEST, and government support measures, inviting the company to implement projects in Kazakhstan.
Thus, KAZAKH INVEST and UBM Group agreed to strengthen investment and economic partnerships and cooperate in the implementation of promising projects.
To note, UBM Group is a leading producer of compound feed in Hungary. The company is engaged in livestock farming and grain trading. The company's activities unite 18 subsidiaries, and their products are exported to 15 countries.