Dutch company expands greenhouse project in Kazakhstan

NUR-SULTAN (TCA) — The second stage of a greenhouse project by the Dutch company Food Ventures has been launched in Kazakhstan’s Aktobe province, Kazakh Invest national investment promotion company reported.

In 2019, KZT 3.5 billion has been invested in the project, including 60 newly created jobs and the construction of a 5-hectare section of the greenhouse. At the next stage, in 2020-2021, two more sections will be developed, to which investors plan to allocate KZT 8.6 billion.

In addition to cultivating tomatoes in the greenhouse, the plans include growing eggplants, as the Aktobe province, the cities of Nur-Sultan, Almaty, Shymkent, other regions of Kazakhstan, as well as Russia, are eyed as the end markets, with the share of exports to be increased to 80%.

At its full capacity, the greenhouse will yield 12-15 thousand tons of vegetables.

“Today we are witnessing the launch of the second stage of the greenhouse project by the Dutch company Food Ventures. The greenhouse that has just been built on Dutch technology through financing from the Kazakh-Hungarian investment fund already represents one of the largest enterprises in this area in Kazakhstan. I am sure this project will further strengthen the trade and economic relations between Kazakhstan and the Kingdom of the Netherlands,” said Deputy Minister of Foreign Affairs of Kazakhstan Yermek Kosherbaev during the launch ceremony on April 5.

One of the main activity areas of the Ministry of Foreign Affairs of Kazakhstan within its investment promotion policy is creating unique conditions for potential investors that would eliminate bureaucracy. Given this task, Kazakh Invest, a subsidiary of the Ministry of Foreign Affairs of Kazakhstan, provides a full range of one stop shop services for the support of investment projects from idea to implementation through post-investment period.

Sergey Kwan

TCA

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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