In the Kostanay region it is planned to build a plant for deep grain processing with a capacity of 400 thousand tons per year

Published 2024년 7월 5일

Tridge summary

KazFoodProducts, in partnership with the Baiterek Venture Fund JSC, Myande Group Co., Ltd, and the akimat of the Kostanay region, is set to launch a new project to build a wheat deep processing plant in the Kostanay region. The plant, named Qostanay Grain Industry, will cost over 50 billion tenge and is expected to be completed by December 2027, creating 600 new jobs. The plant will produce amino acids, bioethanol, gluten, animal feed, and wheat bran at a capacity of 400 thousand tons of wheat per year. The project aims to boost food security and export potential, with an additional project to increase the production capacity of the AsiaAgroFood plant in the Almaty region.

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Original content

The company will create 600 new jobs The project to build a plant for deep processing of wheat is being implemented in the Kostanay region by KazFoodProducts, reports the press service of the Ministry of Agriculture of the Republic of Kazakhstan. According to the information, a memorandum of cooperation on the implementation of an investment project between Baiterek Venture Fund JSC, the Chinese company Myande Group Co., Ltd, the KazFoodProducts agricultural holding and the akimat of the Kostanay region was signed within the framework of the Kazakh-Chinese Business Council. The cost of the project will exceed 50 billion tenge of investment. According to the General Director of KazFoodProducts Alikhan Kairatbek, the capacity of the new Qostanay Grain Industry plant will be 400 thousand tons of deep processing of wheat per year. Amino acids, bioethanol, gluten, animal feed, and wheat bran will be produced here. As specified, the commissioning date for the Qostanai Grain Industry LLP ...

Source: Agrosektor