Hungarian company UBM Group is investing $83 million in the construction of plants in Kazakhstan, according to the Ministry of Agriculture of Kazakhstan, Report informs via Kazakh media.
The construction of three plants - for the production of compound feed in Kostanay, Akmola, and Turkestan regions, and for the production of premixes in Almaty region is planned for 2025-2028.
The head of Kazakhstan's Ministry of Agriculture, Aidarbek Saparov, during a meeting with representatives of the Hungarian company, stated that the ministry will provide full support in implementing the projects.
The parties noted that joint efforts in this direction will give new momentum to expanding trade and economic cooperation between Hungary and Kazakhstan.
