Prospects for the development of the sugar industry for the next five years were discussed in Kazakhstan

Published 2023년 2월 10일

Tridge summary

A round table meeting was held to discuss the development of the sugar industry in Kazakhstan, with a focus on a five-year comprehensive plan that aims to increase the share of domestic sugar production from 7% to 43% by 2026. This plan includes strategies such as expanding sugar beet sown areas, modernizing factories, financial support, and market protection. Additionally, tax preferences, financial cooperation with Baiterek holding, and the launch of a sugar factory are part of the efforts to increase the profitability of sugar beet and improve the efficiency of the sugar industry. The meeting also highlighted the need to address logistical and financing challenges, especially in providing water for sugar areas and constructing railway lines for sugar factories.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Problematic issues and prospects for the development of the sugar industry in Kazakhstan were discussed by the expert community at the site of the CCS. Representatives of interested ministries and National Companies, heads of sugar factories and the industry Association took part in the round table meeting, the press service of the Ministry of Agriculture of the Republic of Kazakhstan reported. Last year, the country approved a comprehensive plan for the development of the sugar industry for the next five years. In particular, measures are being taken to load sugar factories with raw materials through the expansion of sugar beet sown areas, modernizing existing factories, providing financing and protecting the market. As a result, by 2026 the share of domestic production should increase from 7% to 43%, said the director of the department for processing agri-food markets of the Ministry of Agriculture of the Republic of Kazakhstan. According to Kanat Zhauymbaev, this year the ...
Source: Agrosektor

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