NUR-SULTAN (TCA) — A new facility for beef production and processing will be built in Kazakhstan’s northern Kostanay region by 2020. Canadian company SureGoodFoods together with Latvian Bridge Holding will implement the project worth $30 million with support of Kazakh Invest national investment promotion company.
The investors plan to establish a full beef processing cycle, including a feedlot, abattoir as well as meat packaging, freezing and storage facilities. Planned production capacity of the facility is 15-20 thousand tons of meat products annually (42 thousand head of cattle), Kazakh Invest said on August 2.
“Kazakhstan has a great potential for development of animal husbandry. For us, the country is very attractive in terms of meat processing. We plan to produce high-quality frozen beef and supply it to both domestic and export markets. In addition, we plan to obtain the Halal certification for our products. Support of Kazakh Invest is essential for us, as the company will be facilitating our work within the framework of Kazakhstan’s legislation as well as helping us to obtain investment incentives and preferences,” said Karim Grana, Director of International Trade at SureGoodFoods.
The company said it plans to involve local farmers in the production work. This will increase employment and income levels of local population, competency of local farmers and entrepreneurs, expand markets and improve competitiveness of local products.
“In line with the instructions given by the Head of State, we have intensified our efforts to attract investors in agriculture. Processing of agricultural products is one of the priority sectors. Such projects creating positive socio-economic impact are very important, as they enable radically improving rural economies, shifting towards technology-based production, as well as increasing production output and export of domestic agricultural products,” said Rustam Issatayev, the Deputy CEO of Kazakh Invest.
In case of successful implementation of the project, the investors will consider the possibility of expanding production and establishing facilities for processing of mutton and pork.
