The Thai company Sea Value Plc. plans to build a plant in Kazakhstan to produce canned, processed fish, and frozen semi-finished products. The project was discussed during a meeting on August 14 in Astana between the Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, and the President of Sea Value, Dr. Poj Aramwattananont.
As reported by the company Kazakh Invest, Sea Value is currently searching for a plot of land to start the project.
Local fisheries are planned to supply fish for the new production, and the finished products will be exported to Thailand and other countries.
The Thai company plans to invest $6 million in the construction of the plant, which will produce 3-5 tons of fish products per day.
Sea Value is Thailand’s second-largest producer of canned tuna, exporting products to 150 countries.
In 2023, trade turnover between Kazakhstan and Thailand increased by almost 36%, reaching $367 million.