Beijing Capital Agro, a Chinese food product producer, is going to invest more than $600 million in beef farming in Kazakhstan. This statement followed a meeting between Kazakhstan’s Minister of Agriculture Aidarbek Saparov and executives of Chinese companies CITIC Construction and Beijing Capital Agro.
«Under this project, we are going to create dry feed lots and partner with more than 600 farms and existing dry feed lots as anchor partners. More than 3,500 jobs are expected to be created,» the Ministry of Agriculture said in a statement.
As Saparov explained, in February 2024, the Chinese...