According to the press office of the Ministry of Agriculture of the Republic of Kazakhstan, eight Turkish companies expressed a willingness to invest in the agricultural business of Kazakhstan.
Turkish investors are interested in projects for leguminous crops and cattle hide processing, ice cream production, and agricultural machinery manufacturing.
Businessmen from Turkey occupied in the leguminous plant processing sector intend to produce the goods with high added value — amino acids, including lysine and gluten.
Ice cream producers are looking forward to exporting their products to Russia and China. The Minister of Agriculture, Aidarbek Saparov, informed the investors that 65 modern commercial dairy farms are set to be built in Kazakhstan. These farms will be able to become the suppliers of the raw material for ice cream production.
Hide-processing companies plan to produce gelatin and rawstock. Potential partners outline Kazakhstan’s advantageous market standing on availability of raw materials and resources for production, as well as access to sales outlets.
«Hide processing is an extremely pressing issue for Kazakhstan. Today, 17% of the 3.5 million hides produced are processed and exported; however, there is no demand for the rest. Therefore, we are focused on the speedy implementation of the gelatin production project,» Mr. Saparov said.
Special regulations on investment expenditures are available, along with tax remissions for investors. Turkish entrepreneurs pointed out that it’s important to subsidize logistics to expand the export geography of agricultural products.
Representatives of business associations and agricultural enterprises (producers of meat and milk products) participated in the Kazakhstani delegation in Turkey. The roadmap on attracting the engaged investors will be drawn up following the negotiations.
As Kazakhstani business ambitions grow, some producers are considering expanding their export geography. For instance, the head of Shin-Line ice cream producer, Dmitry Dokin, told Kursiv about the plans to export Kazakhstani ice cream and possibly construct a new factory abroad.
