ASTANA, Kazakhstan, September 26. Kazakhstan’s Zhambyl region has begun implementing a major agro-industrial investment initiative — the construction of a cutting-edge sugar factory backed by Chinese company Zhongkai Guoyuan (Anhui) Industrial Investment Co, Trend reports via the Ministry of Agriculture of Kazakhstan.
According to the information, the total investment volume for this project will amount to $200 million.
“There are four enterprises operating in Kazakhstan for processing sugar beet, with a total capacity of 8.700 tons processed per day. Last year, farmers achieved a record harvest of sugar beet, and we faced a problem with processing. I am confident that this project will become a new milestone in the cooperation between Kazakhstan and China and a vivid example of successful partnership,” said Aidarbek Saparov, Minister of Kazakhstan's Agriculture.
Moreover, he emphasized that the Government will provide comprehensive support in the implementation of the project, offering necessary support measures - tax and customs preferences, subsidies, and other incentive tools.
The new factory will be able to process 1 million tons of sugar beet and produce 80,000 – 130,000 tons of white sugar per year, as well as produce up to 72,000 tons of beet pulp and 54,000 tons of molasses. This will allow for a full supply of the domestic market and export products to Kyrgyzstan, Uzbekistan, Tajikistan, Russia, and China.
The construction of the factory will be carried out in two stages. The enterprise will become one of the most modern productions in the region due to the introduction of automated technologies and the creation of about 400 new jobs.
