Chinese state-owned enterprise Sinomach and Alatau City Authority are collaborating on an industrial and agricultural park project. The initiative, estimated at 240 to $280 million, involves constructing storage and processing facilities for grains and oilseeds. Annual production targets include up to 500,000 tons of feed wheat flour, 300,000 tons of wheat flour, and 200,000 tons of vegetable oil.
District: Growing (derived from the type of project)
Key facts
- Investment volume: 240–$280 million.
- Production capacity: 500,000 tons feed wheat flour, 300,000 tons wheat flour, 200,000 tons vegetable oil per year.
- Implementation period: 12–24 months.
- Pre-production locations: North Kazakhstan, Kostanay, or Akmola; final storage and distribution center in Alatau.
- Financing partners: Baiterek, Development Bank of Kazakhstan, Sinomach, CIECC.