International investors to build a meat processing complex in East Kazakhstan region
East Kazakhstan region, with the support of NC KAZAKH INVEST JSC, intends to build a meat processing complex. The project was initiated by Eco Meat Vostok Ltd with the support of the FinSight Ventures Investment Fund and the Brown & Co English Company.
The construction of the complex will include a feed mill with a capacity of 184,000 tons per year, a breeding and genetic farm with a capacity of 20,000 heads per year, a slaughter facility with a capacity of 39,000 tons of meat per year, 3 commercial farms with a capacity of 400,000 heads per year. The total cost of the project with the phased financing until 2024 will amount to KZT117 billion.
“The complex will use the most modern technologies, provided for robotic production. All breeding stock will be imported from Denmark. The livestock raising will be carried out in a completely closed complex, which absolutely excludes contact of livestock with domestic and wild animals,” said Nartai Beisekov, Regional Director of NC KAZAKH INVEST JSC in East Kazakhstan region.
The investors stress that this production will be completely waste-free. It is planned to build a workshop for further processing of waste into organic fertilizers in order to provide local agricultural producers with it on a free basis.
It is also planned to create about 2,000 new jobs at the enterprise. The recruitment and placement of personnel will be carried out primarily among the local population. It is planned to train and retrain personnel to obtain the necessary highly qualified specialists.
By the way, the project is aimed at supplying products to China and the countries of Southeast Asia. It is worth noting that the placement of the new project's facilities in East Kazakhstan region will significantly reduce logistics costs when delivering products to end consumers in China.
For reference: FinSight Ventures is a venture fund founded in 2012 by two partners - Alexey Garyunov and Viktor Remsha. It specializes in international investments in technology companies in the financial sector.
Brown & Co is a leading provider of agricultural consulting services. It is a leading provider of agency, professional and advisory services in the rural, commercial and residential real estate, agriculture and the environment.