Sugar beet sowings in Kazakhstan have almost doubled

Published 2024년 8월 22일

Tridge summary

Kazakhstani farmers have significantly increased their sugar beet cultivation to 25.2 thousand hectares, anticipating a harvest of 1.1 million tons in the Zhetysu and Zhambyl regions. However, existing sugar factories are unable to handle the surge in volume, leading the government to plan new factories and offer state support to investors. The aim is to achieve self-sufficiency in sugar production by boosting beet processing capacity to 3 million tons. To attract investors, the government is prepared to provide subsidies, tax breaks, land plots with infrastructure, and access to preferential credit.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, Kazakhstani farmers have almost doubled their sugar beet crops to 25.2 thousand hectares. The republic intends to build new sugar factories and provide state support to investors, the press service of the Kazakh government reported. "The expected gross sugar beet harvest in the Zhetysu and Zhambyl regions will amount to 1.1 million tons with a yield of 436 centners, which is almost twice as much as last year's result," the report says following a meeting chaired by Deputy Prime Minister of Kazakhstan Serik Zhumangarin. It is noted that the current capacities of sugar factories are already struggling to cope with the growing volumes of sugar beet harvest. "By extending the processing period of raw materials, the plants will be able to handle the projected harvest volume of 1.1 million tons this year. This volume will allow producing about 120-130 thousand tons of beet sugar. At the same time, the country's annual demand is 550 thousand tons, of which about 300 thousand ...
Source: Kvedomosti

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