A Turkish investor has paused the implementation of a horticultural project in Zhambyl region (Kazakhstan)
Fruits
Vegetables
Turkiye
Kazakhstan
Innovation & Technology
Published Feb 29, 2024
Tridge summary
A project with the participation of an investor from Turkey has been suspended in the Zhambyl region. LS was informed about this by the Ministry of Agriculture of the Republic of Kazakhstan. It was planned to plant orchards and process fruit and vegetable products in the region. A company from Turkey was interested in the project.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
A project with the participation of an investor from Turkey has been suspended in the Zhambyl region. LS was informed about this by the Ministry of Agriculture of the Republic of Kazakhstan. It was planned to plant orchards and process fruit and vegetable products in the region. A company from Turkey was interested in the project. In response to a request from the editors, the Ministry of Agriculture reported that its implementation is currently suspended. As the department explained, the investor and the akimat must resolve issues regarding the allocation of land in accordance with the law and the terms of financing with second-tier banks. Meanwhile, in November 2023, the regional akimat, upon request from the editors, reported that the project was suspended at the initiative of the Turkish investor. And on their part, the company was offered plots of 2,261 hectares. Read also: Turkish company will invest $650 million in the construction of a greenhouse complex in Shymkent ...
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