Kazakhstan Chamber of Commerce in the USA

KazCham


China to invest $1.9 billion in Kazakh food industry

Posted on May 20, 2016 by KazCham

Colibri Law Firm BI@colibrilaw.com

Chinese companies are in talks to invest $1.9 billion in upgrading the Kazakh food processing industry.

Kazakhstan’s deputy agriculture minister, Gulmira Isayeva, told the Financial Times in an interview, “We have great interest from Chinese companies to invest in our Kazakh agricultural production system… We can export to China all products which we can grow in Kazakhstan.”

The projects are part of China’s “Belt and Road Initiative” launched in 2013 to promote trade with central and southern Asian countries.

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