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FARM FRITES PLANS TO BUILD USD165M POTATO PLANT IN KAZAKHSTAN

by T.G. Lynn
01.04.2021
in News
A A
FARM FRITES PLANS TO BUILD USD165M POTATO PLANT IN KAZAKHSTAN

Deputy Prime Minister of Kazakhstan and Minister of Agriculture Askar Myrzakhmetov met with representatives of the Dutch company Farm Frites in Astana, setting the plans of building a new plant, according to the official websites.

In Astana, Kazakh Invest NC organized a number of meetings between managers of the Dutch company Farm Frites, Simon Quist and Jos den Boer, and the Deputy Prime Minister, Minister of Agriculture, Umirzak Shukeyev, Vice Minister for Investments and Development, Arystan Kabykenov, representatives of Agrarian Credit Corporation regarding the opening of a potato processing factory in Almaty region, according to www.primeminister.kz.

Kazakh Invest supports investment project of Farm Frites on “Construction of a Factory for Processing Potatoes.”

During the past year, Farm Frites conducted a potato variety testing and identified an area for the project – the Almaty region. Currently, Kazakh Invest provides assistance in obtaining land and other consulting services.

It is planned to build a center for cultivating 11 elite potato varieties, with a capacity of 70 thousand tons per year. The construction of the plant is scheduled for April 2019. The total cost of the project is USD165m.

These issues were discussed during the meeting with the chairperson of Kazakh InvestNC, Saparbek Tuyakbaev and Eurasia Gold LLP, which acts as an investment partner of Kazakhstan.

Farm Frites was founded in 1971 in the Netherlands as a family enterprise for the production of frozen and chilled potato products. 

Tags: farm
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