The Chinese will build a feed mill for $16 mln

Chinese company AiJu will build a plant in the North Kazakhstan region to produce mixed fodder with a capacity of 300 thousand tons, World of NAN reports with reference to invest.gov.kz.

The plant will be engaged in processing of agricultural products to create mixed fodder for cattle, cattle and poultry. The planned term of the project realization is one year, with the creation of 50 permanent jobs. The volume of investments will amount to $16 mln.

It is expected that the plant will not only contribute to the development of local livestock breeding, but will also create additional opportunities for farmers in the region, who will be able to find a reliable partner in AiJu to sell their products.

"AiJu has already been operating in Kazakhstan since 2016, having invested over 9.4 billion tenge in the country's economy.

Chinese investors have previously implemented one project - the construction of a plant for the production of vegetable oil in Taiynshinsky district of North Kazakhstan Region, and now they plan to expand their activities in Kazakhstan," said Daniyar Shalabayev, regional representative of KAZAKH INVEST.

Taking into account the import substitution policy, the plant will be of strategic importance for the region and the country as a whole. The company plans to sell products on the local market, satisfying the high demand for mixed fodder in the region and export to nearby countries.

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