Pesticide factory to be built in Almaty region
A factory for the production of crop protection agents will be built with the support of Kazakh Invest National Company together with Turkish investors in Almaty region in 2019.
The foreign investor, represented by the Turkish holding company Agrobest Grup, is to invest $30 million in the production of herbicides, insecticides, fungicides, seed protectants and glyphosate in Kazakhstan.
Kazakh Invest provides assistance to the project in obtaining all the necessary permits and receiving state support measures. Thus, with the support of the regional office, a land plot was selected in the Kairat industrial zone located in the Talgar district of the Almaty region.
The investor plans to start designing works in the near future. The construction of the plant will begin at the end of this year and will end in 2019.
The total production capacity of the plant under construction will be up to 12 thousand tons of pesticide production per year. It is planned that more than 60% of the production will go to the domestic market, the rest will be exported to the markets of Turkmenistan, Uzbekistan, Kyrgyzstan, etc.
Within the project, around 200 jobs will be created in the region.
For reference: Turkish company Agrobest Grup was founded in 2002 and is an important participant in the world pesticide market — annually produces 35 thousand tons. The products are represented on the markets of chemical crop protection agents of Turkmenistan, Uzbekistan, Kazakhstan, Azerbaijan, Georgia, Sudan, Syria, etc.