In North Kazakhstan Region, a Plant for the Production of Compound Feed will be Built
The Chinese company "Xian AiJu Cereals Oil Industry Group Co., Ltd." (AiJu) will construct a compound feed production plant with a capacity of 300,000 tons in the North Kazakhstan region. A corresponding memorandum of understanding was signed between "NC "KAZAKH INVEST" JSC and AiJu during the visit of a business delegation from the Shaanxi province to the North Kazakhstan region. The projected implementation period of the project is 1 year, with the creation of 50 permanent jobs. The investment amount will be $16 million, El.kz cites invest.gov.kz.
The plant will process agricultural products to create compound feed for cattle, small ruminants, and poultry. It is expected that the plant will not only contribute to the development of local animal husbandry but also create additional opportunities for agricultural producers in the region, who will be able to find a reliable partner in the form of the company AiJu for the realization of their products.
The regional representative of KAZAKH INVEST, Daniyar Shalabayev, emphasized the importance of the project by the Chinese company and assured that the national company is ready to provide support in the implementation of the investment project.
"AiJu company has been operating in Kazakhstan since 2016, investing over 9.4 billion tenge in the country's economy. Chinese investors have previously implemented one project - the construction of a vegetable oil plant in the Taiynshinsky district of the North Kazakhstan region, and now they plan to expand their activities in Kazakhstan. This project is another confirmation of the long-term partnership between China and Kazakhstan in the field of agriculture and agricultural product processing," noted the regional representative.
Taking into account the import substitution policy, the plant will have strategic significance for the region and the country as a whole. The company plans to sell its products in the local market, meeting the high demand for compound feed in the region, and export to neighboring countries.
The project of the Chinese company emphasizes the importance of international cooperation in the agro-industrial sector and supports investments in the agriculture of Kazakhstan. It contributes to the modernization of the industry and the improvement of its efficiency, which in turn promotes sustainable development of the region and enhances the quality of life of its residents.