Prime Minister Olzhas Bektenov held a meeting with a Chinese delegation led by Deputy Chairman of the Board of Dalian Hesheng Holdings Group Co., Ltd. By Ma Hunhan. Issues of investment cooperation in the field of the agro-industrial complex, as well as prospects for cooperation in the fields of coal chemistry and mechanical engineering were discussed.
The Chinese multidisciplinary company Dalian Hesheng Holdings holds a technological patent in the field of wheat processing and fermentation, and uses advanced digital technologies. A new investment project for the construction of a vertically integrated industrial park for deep processing of wheat is planned to be implemented in the Akmola region. The amount of investments at the first stage will amount to $ 500-800 million, the second and third stages of the project are estimated at another $ 1 billion. The processing capacity at the first stage will amount to 1 million tons of wheat with the prospect of increasing to 3 million tons per year. About 2 thousand jobs will be created.
The project also provides for the construction of a coal-fired thermal power plant and a coal chemical complex. Coal processing is expected to produce 150-400 thousand tons of liquid ammonia per year.
In general, the implementation of the new agricultural project will have a multiplier effect, contribute to the modernization of agriculture, and also give impetus to the development of related industries such as logistics and trade.
The Prime Minister stressed the importance of actively increasing wheat processing, including taking into account the record grain harvest.
"Kazakhstan is a developed country in the agricultural sector. We strive to increase the output of high-value-added products. This area is a priority for our country. The government is focused on localization of production and transfer of advanced technologies," Olzhas Bektenov emphasized.
Ma Hunhang, Deputy Chairman of the Board of the Chinese Dalian Hesheng Group of Companies, in turn, highly appreciated the prospects for cooperation and production development in Kazakhstan. The favorable business climate and the created conditions for doing business were noted. Ma Hunhang said that the construction of the plant is scheduled to begin in the second quarter of 2025.
Yu Yufei, Chairman of the Board of Agriculture at Dalian Hesheng Holdings Group, and Shu Songpo, Senior engineer at the company, who is the developer of a unique wheat biofermentation technology and the author of advanced solutions in the industry, also spoke during the meeting.
Following the meeting, the head of government instructed the interested government agencies to carry out the necessary work as soon as possible to conclude an investment agreement with Chinese partners.
#Olzhas Bektenov #Prime Minister of the Republic of Kazakhstan #Agro-industrial complex #Investments

Source : https://www.gov.kz/memleket/entities/aqmola/press/news/details/905508