Finnish investors plan to build a fish farm in North Kazakhstan

ASTANA (TCA) — Investors from Finland plan to build a fish farm according to the latest technology in the North Kazakhstan province, said Kalver Kapper, director for business development at GENERAL FINLAND COOP, Novosti-Kazakhstan news agency reported.        

He said they are currently selecting the farm’s location.

“We will not touch local water reservoirs. This is a new technology — we will have greenhouses above and a fish farm underneath. We can build such fish farms on a plain field. We use ecologically clean technology only and our products are safe and ecologically clean,” Kapper said after the first meeting of the Investment Council of the North Kazakhstan province last Friday.

The investor added that they are currently studying the market’s demand. “Based on the study’s results, we will determine what fish we will raise. Most likely it will be red fish, which is imported to this region in large quantities,” he said.  

Kazakhstan’s Deputy Agriculture Minister Yerlan Nysanbayev earlier said that the government of Kazakhstan will allocate 1.8 billion tenge (around $9.7 million) to subsidize local fishery enterprises.
In his words, subsidies are planned for the period between 2016 and 2020 for breeding pedigree stock of valuable fish species. Some 20 percent of the total amount of subsidies will go for construction of sturgeon fish farms.

The deputy minister also said that the Agriculture Ministry will offer for privatization five of the country’s seven fisheries.

Sergey Kwan


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.
Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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