Kazakhstan and Israel to construct plant in Almaty region on food production

Kazakhstan and Israel to construct plant in Almaty region on food production

14 December, 12:56 278
Kazakhstan and Israel to construct plant in Almaty region on food production

Kazakhstan and Israel will construct the plant on food production in Almaty region. Chairman of bilateral trade industrial chamber of Israel-Kazakhstan Michael Roe told about it in an interview to journalists, BNews.kz correspondent reports.

"We expect a construction of the first plant of Kazakhstan and Israel which export will be directed to China. All products will be directed to export which will constitute about 10 million dollars. The plant will be constructed in Almaty region. The Israel technologies and raw materials from Kazakhstan will be applied in a construction of the plant, an investment are divided between business parties. The market is already provided with orders from China for five years. The plant will produce food," M. Roe said.

According to the President of Chamber, the plant will be open in 10 - 12 months after China lifts limits from Kazakhstan on export of poultry meat.

"Now the vice-minister of agricultural industry conducts negotiations in China on this question. China is the difficult and big country, when the Chinese borders open, then work with Kazakhstan becomes interesting for Israelis. According to this memorandum cost constitutes 5 million dollars, export about 10-15 million dollars," M. Roe said.

This memorandum of understanding and cooperation is assigned to Corporatsiya Bazis-A LLP, BAL International LTD.

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