Kazakhstan plans to implement 13 grain processing projects within three years

Published 2024년 11월 11일

Tridge summary

Kazakhstan's grain processing industry is flourishing, with 350 enterprises producing various products and the country being a top flour exporter, notably expanding into the Chinese market. The government bolsters the industry through subsidies, loans, tax incentives, and export transportation support. A strategic plan for 2024-2028 aims to boost grain production by 1.4 times and increase processing to 70% by 2028. In 2023, grain production rose by 2.1% to 3.1 trillion tenge, with agricultural exports reaching $5.3 billion. Investment in food production grew by 11% to 156 billion tenge, with 48 projects completed, and oilseed processing also saw significant growth, producing 672,000 tons of vegetable oil, surpassing domestic needs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Nazguli Khatepova, director of the Agricultural Products Market and Processing Department of the Ministry of Agriculture of Kazakhstan, there are currently 350 enterprises engaged in grain processing in Kazakhstan, producing flour, grits, noodles and other products. The flour production (3.2 million tons) exceeds the domestic consumption, and the export volume (1.9 million tons) ranks among the top in the world. The production of pasta, candy, starch products, bran, biofuels and other products is also developing. To encourage the development of the industry, (the government) provides investment subsidies (up to 50%), loans and tax incentives, and subsidies for export transportation costs. Active work is currently underway to expand the export of grain processing products to the Chinese market. Nazguli Khatepova said. The Ministry of Agriculture said that according to the "Comprehensive Plan for the Development of Agricultural Products Processing Industry in 2024-2028" ...
Source: Foodmate

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