ASTANA (TCA) — Kazakhstan’s investment promotion company Kazakh Invest organized a number of meetings in Astana between managers of the Dutch company Farm Frites, Simon Quist and Jos den Boer, and the Kazakh Deputy Prime Minister and Minister of Agriculture, Umirzak Shukeyev, Vice Minister for Investments and Development, Arystan Kabykenov, and representatives of Agrarian Credit Corporation regarding the opening of a potato processing factory in the Almaty region, the official website of the Prime Minister of Kazakhstan reported on March 31.
In accordance with the instruction of the Head of State to attract ten multinational companies in the processing sector of Kazakhstan, Kazakh Invest supports investment project of Farm Frites for “Construction of a Factory for Processing Potatoes”.
During the past year, Farm Frites conducted a potato variety testing and identified the area for the project – the Almaty region in south Kazakhstan. Currently, Kazakh Invest provides assistance in obtaining land and other consulting services.
It is planned to build a center for cultivating 11 elite potato varieties, with a capacity of 70 thousand tons per year. Construction of the factory is scheduled for April 2019. The total cost of the project is $165 million.
Farm Frites was founded in 1971 in the Netherlands as a family enterprise for the production of frozen and chilled potato products. The transnational company has sales offices in 40 countries and 6 factories with 1500 employees. The potato processing capacity is 1.3 million tons per year. Six factories and four dozen sales offices allow the export of products to 80 countries.
