On September 25, Chinese investors launched two major agro-industrial projects in Kazakhstan’s Zhambyl region.
FM World Agricultural Machinery, a Chinese company, began construction of an agricultural machinery assembly plant in the industrial zone of Taraz, the regional capital. The facility is expected to produce up to 2,000 units of equipment annually, including eight types of tractors, rice and cotton harvesters, trailed implements, and seeders.
On the same day, Zhongkai Guoyuan (Anhui) Industrial Investment Co. broke ground on a sugar plant with a $200 million investment in the Zhambyl region. The facility will process up to 1 million tons of sugar beets per year, producing between 80,000 and 130,000 tons of sugar. The output is expected to fully meet Kazakhstan’s domestic demand and support exports to Kyrgyzstan, Uzbekistan, Tajikistan, Russia, and China.
Another project in the region involves Hualing Group Co. Ltd., which plans to build an irrigation systems plant with an annual capacity of 200 sprinklers.
Agriculture has become a key focus in Kazakhstan–China economic cooperation. Speaking at the 8th meeting of the Kazakh–Chinese Business Council in Beijing on September 2, President Kassym-Jomart Tokayev highlighted Kazakhstan’s interest in joint agricultural processing and invited Chinese investors to support the production of organic and high-quality livestock products.
Source - https://timesca.com
