ASTANA, Kazakhstan, September 18. Kazakhstan's Altai Mai oil extraction plant project, which has created 300 jobs and cost 17 billion tenge ($35.3 million), is located on a plot of 10 hectares, Trend reports.
This was revealed during a visit of Kazakhstan's Deputy Foreign Minister Alibek Kuantyrov and Managing Director of KAZAKH INVEST Azamat Kozhanov to the East Kazakhstan region, during which they met with the governor of the region, Yermek Kosherbayev.
During the visit, the delegation visited the construction sites of Altai Mai LLP.
The sides noted that the Altai Mai commissioning is scheduled to start before the end of this year, and the plant will reach full production mode in the coming year. The production capacity of the plant is planned to be up to 75,000 tons of vegetable oil and 64,000 tons of malt per year.
In addition, the plant is able to process over 500 tons of sunflower seeds and 400 tons of rapeseed per day, performing a full production cycle. The uniqueness of the project is the fact that all waste will be recycled and used for heating the plant.
Modern equipment from Argentina, China, and other countries was purchased to equip the plant.
Meanwhile, Chinese SHIJIXIANGHE Agribusiness Group Co., Ltd. plans to implement an investment project to build a complex wheat processing plant worth more than $600 million in Kazakhstan. The annual volume of wheat processing at the plant is expected to be at the level of 1 million tons.