ASTANA (TCA) — A factory for the production of crop protection agents will be built with the support of Kazakh Invest National Company together with Turkish investors in the Almaty region in 2019, the official website of the Prime Minister of Kazakhstan reported.
The project is being implemented with the support of the Embassy of Kazakhstan in Turkey.
The foreign investor, represented by the Turkish holding company Agrobest Grup, is to invest $30 million in the production of herbicides, insecticides, fungicides, seed protectants and glyphosate in Kazakhstan.
Kazakh Invest provides assistance to the project in obtaining all the necessary permits and receiving state support measures. A land plot for the future factory was selected in the Kairat industrial zone located in the Talgar district of the Almaty region.
The investor plans to start designing works in the near future. The construction of the plant will begin at the end of this year and will end in 2019.
The total production capacity of the plant will be up to 12 thousand tons of pesticide products per year. It is planned that more than 60% of the production will go to the domestic market and the rest will be exported to Turkmenistan, Uzbekistan, and Kyrgyzstan.
Within the project, around 200 jobs will be created in the region.
