Chinese company to build a factory for production of food in Kazakhstan
Chairman of the Management Board of JSC "NC "KAZAKH INVEST" Yerzhan Yelekeyev held a meeting with Li Yantao, the Founder of Qingdao Wanlin Food Co., Ltd, during which he discussed the company's plans to build a plant for the production of dehydrated onions in Kazakhstan, El.kz cites invest.gov.
Thus, Wanlin representatives reviewed the prospects for investing in Kazakhstan and announced plans to launch a new investment project for food processing. The company considers Kazakhstan a potential market for expanding its business, including purchasing raw materials from local and international supplies. Special attention was paid to the possibilities of partnership with Kazakhstani agricultural enterprises, which can contribute to the development of production capacities and ensure stable supplies of raw materials for further production. The company plans to supply the manufactured products to China, the USA, and European markets, meeting the increased demand in these countries. The implementation of the project will lead to the creation of about 300 jobs for the local population.
The company has successfully conducted agricultural trials in four regions and is currently analyzing the harvest results. Based on the results, a location will be selected to construct a new plant, and the investment for the project will be about $30 million. This meeting was a continuation of the work on the meeting results with the company's management as part of Y. Yelekeyev's trip to China in October this year.
Wanlin Group specializes in the production of food products, particularly deep processing of agricultural and sideline Products. The Company has two large factories, two research and development centers, and a 1,000-hectare food cultivation base. The company's fixed assets exceed $69 million, and the number of employees exceeds 1000 people. Wanlin products are exported to the United States, Europe, China, and other international markets. The annual export volume exceeds 10000 tons, making it a major supplier to Fortune 500 companies, which confirm the company's products' high quality and reliability in the global market.
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