The Ministry of Agriculture and Kazakh Invest national company are to support 55 projects involving foreign investors, with a total investment of $3.8 billion. Seven of these projects are being carried out by major transnational companies, it was announced at a government meeting on July 13.
According to the government’s press service, the seven projects are the establishment of an orchard and construction of a fruit processing plant in the Almaty region with the Swiss company INOKS Capital; the building of a salty snacks plant in the Almaty region by PepsiCo with an investment of $160 million; producing foot-and-mouth disease vaccines in the Zhambyl region in collaboration with the French company, Boehringer Ingelheim Animal Health; producing soft drinks by Coca-Cola Almaty Bottlers in Shymkent; constructing an integrated livestock complex in the Akmola region with the Spanish consortium BigFarm, valued at $132 million; construction of a deep grain processing plant in the Almaty region by China’s CITIC Construction; and the production of soft drinks by Mareven Food in the Almaty region.
