Kazakhstan launches three grain deep processing projects

Published Nov 28, 2024

Tridge summary

Kazakhstan is advancing its grain deep processing sector with several significant projects underway. Qostanai Grain Industry Company aims to produce lysine, gluten, bioethanol, and carbon dioxide by 2027, creating 650 jobs. Kazkrahmal Company's corn processing project, due in 2026, is expected to generate 500 jobs. A collaboration between a Turkish company and Qatar Hassad Food Company in Astana will result in a plant producing various products for export by 2026, creating 250 jobs. The government is backing these projects with substantial support, including investment subsidies, reduced loan interest rates, and tax incentives. So far, three out of eight planned plants are operational, and the rest are in various stages of construction.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Among them, Qostanai Grain Industry Company in Kostanay Oblast, Kazakhstan, launched a grain deep processing project with an annual output of 415,000 tons. The company will produce lysine, gluten, bioethanol and carbon dioxide. The production date is planned to be 2027, and 650 jobs will be created. Kazkrahmal Company in Turkestan Oblast plans to process corn to produce starch products. The annual processing capacity is 100,000-150,000 tons. The production date is planned to be 2026, and it is expected to create 500 jobs. Turkish company Tiryaki Agro and Qatar Hassad Food Company launched a grain deep processing project in Astana with an annual processing capacity of 240,000 tons. It plans to produce starch, bran, fructose syrup and other products for export to the international market. The production date is 2026, and it is expected to create 250 jobs. It is reported that four other wheat and corn deep processing investment projects are being negotiated and formulated, with a ...
Source: Foodmate

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