Kazakhstan hammers out plan to abandon US broiler imports

Published 2024년 6월 4일

Tridge summary

The Kazakh government has approved a plan to boost domestic poultry production by 200,000 tonnes by 2026 through the expansion of four major broiler farms. This initiative, supported by soft loans from the Development Bank of Kazakhstan, aims to eliminate reliance on foreign poultry, mainly from the US, and is part of a broader strategy to ensure food security and stabilize prices amid regional market instability, especially in Russia. Significant investments in 2023 reflect the government's ongoing support for the poultry industry, with the goal of resolving import-dependence issues and enabling exports.

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Original content

The Kazakh government has greenlit a plan to boost domestic poultry production by 200,000 tonnes through 2026 thanks to the expansion of 4 major broiler farms. The move will put an end to the decade-long dependence on foreign poultry supplies, primarily from the US. Under the plan, the Development Bank of Kazakhstan will provide soft loans to prominent poultry farms Canadian Chicken Limited, Alel Agro, Prima Kus, and Aitas KZ to ramp up their production capacities in 2025 and 2026. “Kazakhstan’s poultry production stands at 328,000 tonnes per year. The additional 200,000 tonnes will help resolve the import-dependence issue and kick off exports,” Kazakhstan’s prime minister’s office has said in a statement, adding that the Development Bank of Kazakhstan will fund 14 projects in the agricultural sector worth nearly 285 billion tenge (US$640 million) in total. Over the past few years, Kazakhstan has demonstrated a steadfast commitment to its poultry industry, consistently increasing ...

Source: UkrAgroConsult