Products
Upon reaching full design capacity by 2031, the projected sales volumes are as follows: boiled sausages – 1,560 tonnes, semi-smoked and boiled-smoked sausages – 4,680 tonnes, raw smoked sausages – 468 tonnes, sausages – 6,240 tonnes, chilled semi-finished products – 1,560 tonnes, frozen semifinished products – 3,120 tonnes, delicacies – 624 tonnes. The company plans to sell 80% of its products in the domestic market, and export the remaining 20% to Russia, Uzbekistan and Japan.
Project description
The Project provides the expansion of the existing production for the processing of beef, poultry meat and horse meat through the construction of a new plant with a capacity of 18,252 tons per year on a land plot with an area of 4 ha of the territory of the industrial zone "Almaty". Company is obtaining a land plot for construction with an area of 4 hectares from the Akimat of Almaty.
Company
The Project Initiator is Karkyn 2030 LLP, which has been in operation since 2009 and is one of the leading sausage industry companies in Kazakhstan, producing 50 types of sausage and luxury items under the Nerlen trademark. It also has its own feeding yard for 1,600 heads of cattle. Company product is sold in retail and restaurants chains across Kazakhstan, such as Blinchik, Tep-tetti , Mir Pizza fast food outlets, and in Мagnum Cash & Carry, Galmart, Small and GraMad supermarkets.
Market
- In 2022, the volume of production of sausages in Kazakhstan amounted to 66 thousand tonnes, and the volume of consumption - 108 thousand tonnes.
- In 2022, the volume of production of semi-finished products in Kazakhstan amounted to 116 thousand tonnes with an average annual growth rate of 1.3% in the period 2018-2022.
- At the end of 2022, imports of sausages reached 42 thousand tonnes, which is 11% less than in 2021. The main suppliers of sausages to Kazakhstan were Russia (33 thousand tonnes) and Belarus (8 thousand tonnes).
- As of 2022, in Kazakhstan, the volume of production of cattle meat and horse meat amounted to 534 and 157 thousand tonnes, respectively.
- Advantageous location. Production in Almaty offers optimum natural and climate conditions for developing animal farming. The region also has well-developed and extensive road and logistics infrastructure, linking it with other regions of Kazakhstan and neighbouring countries. Almaty Oblast is a significant region for the production of cattle and poultry meat. In 2022, in the Almaty Oblast, 105 thousand tonnes of beef, 113 thousand tonnes of poultry meat and 23.8 thousand tonnes of horse meat were produced.
- Contract coverage and Initiator experience. The Company has been a leading sausage industry producer in Kazakhstan since 2009, with a welldeveloped sales network across the entire country. Karkyn 2030 LLP produces 50 types of sausage and luxury items under the Nerlen trademark, which are sold in Shymkent, Blinchik, Tep-tetti , Mir Pizza fast food outlets, and in Мagnum Cash & Carry, Galmart, Small supermarkets.
The Project requires investment of 11,060 thousand USD (at the rate of 449.2 tenge), of which:
- 70% (6,041 thousand USD) – debt financing subject to collateral;
- 30% (2,589 thousand USD) – investor participation.
