Kazakhstan plans to increase the area under sugar beet to 25 thousand hectares

Published 2023년 2월 9일

Tridge summary

Kazakhstan's domestic sugar industry was found to be only 40% self-sufficient last year, prompting the government to develop a comprehensive plan with 33 points to revitalize the industry. This plan includes strategies to expand sugar cultivation areas, reduce VAT and import duties, standardize and subsidize sugar beet delivery, and finance sugar factories through a revolving scheme. The government is also planning to discuss some measures with experts to further enhance the industry's development.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The situation that arose last year in Kazakhstan with sugar exposed the problems of the domestic sugar industry as a whole. Self-sufficiency in sugar in the country was only 40%. Kanat Zhauymbayev, Director of the Department of Agri-Food Markets and Processing of Agricultural Products of the Ministry of Agriculture of the Republic of Kazakhstan, spoke about this during a round table at the CCS site. According to him, the Government has adopted a comprehensive plan for the development of the sugar industry, which consists of 33 points. For a number of them, the MOA plans to discuss with experts in order to develop the necessary measures. “As part of the comprehensive plan, measures are envisaged, in particular, to increase the area under crops. It is planned that by 2024 the area under sugar beet will be increased to 25 thousand hectares. This year, an increase is planned from 10.1 thousand to 16.1 thousand hectares. Measures have been taken to reduce VAT. In particular, when ...
Source: Agrosektor

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