American Companies are Studying Investment Opportunities in Kostanay region

An American delegation of 18 people arrived in Kostanay region yesterday. The purpose of the visit is to explore the possibilities for implementation of projects in agriculture. The delegation includes shareholders and managers of world famous companies such as TysonFreshMeatInc. Global Beef Investors, ANIMART Dairy & Livestock Solutions, VALLEY, VALMONT Irrigation, 3rd Millennium Genetics LLC and Kazakh businessman Yerkin Tatishev, Chairman of the Board of Directors of KUSTO GROUP.

As reference:

 

Tyson Fresh Meat Inc., a subsidiary of Tyson Foods, Inc., is the world's leading supplier of beef and pork. The company was founded in 1960 and is based in South Dakota (USA) with production sites throughout North America.

 

GlobalBeefInvestors provides the world market with unprecedented global solutions in acquisition, development, nutrition and genetics of cattle.

 

ANIMART Dairy&LivestockSolutions was founded in 1982 by a veterinarian Jim Metz and his wife Ruth and has its headquarters in Beaver Dam, Wisconsin, USA. It provides comprehensive solutions in the field of production of dairy products and livestock.

 

Valmont Industries, Inc. is a leading manufacturer and distributor of products and services for infrastructure and agricultural markets. Valley Irrigation subsidiary is a world leader in the field of mechanized irrigation equipment, which has authority in the industry of irrigation technologies (it irrigates about 25 million acres worldwide).

 

3rd MillenniumGenetics LLC is a service and research company in the seed industry; it was founded in 2005 in Santa Isabel (Solomon Islands) and has expanded its activities in Olivia (Minnesota, USA) in 2013.

 

KustoGroupInc. works as a holding company, which is engaged in the production of building materials, oil and gas, energy, development, civil engineering, venture/IT and agricultural enterprises. KustoGroupInc. was founded in 1998 and is based in Singapore. The company also operates in Vietnam, China, Thailand, India, the Russian Federation, Kazakhstan, Ukraine, Turkey, Georgia and Canada.

The program of the visit is highly eventful. At the moment the guests has already visited a number of enterprises for processing agricultural products and food production, including MILKH LLP, Sadchikovskoye LLP, Karasu-Yet LLP and others. Besides, the first deputy akim of the region G.T. Nurmukhambetov and deputy akim of the region M.I. Myrzaliyev held a meeting with the delegation on the territory of the industrial zone of Kostanay, where they presented the investment potential of the region, told about the priority development directions of the regional agro-industrial complex and the measures of state support provided for the implementation of investment projects. This is especially true for the processing of agricultural crops.

 

On behalf of the Head of State, the region is specially concerned about ensuring the transition from raw materials production to the production of high added value products that are in demand in the domestic and foreign markets. Such areas as production of grain, oilseeds and other popular crops and their further processing have large reserves for increasing production volumes.

For reference:

 

The share of agricultural production in the GRP of the region is 12%. The agricultural business of the region produces 25% of grain and 30% of flour in the general volume of the country.

 

The average annual production of grain over the past 5 years is within 5 million ton and oilseeds - 200-250 thousand tons. Mainly the production is concentrated on soft wheat.

 

According to the data for October 1 this year, the gross output of agricultural products amounts to 295.5 billion tenge, including 96.5 billion tenge of livestock. Meat production in January-September of this year increased by 4.6% (73.5 thousand tons), including 7.5% (24.4 thousand tons) of the manufacturing sector, milk production increased by 6.7% (358.4 thousand tons), including 6.7% (82.8 thousand tons) of the manufacturing sector, egg production amounted to 492.0 million eggs, including 314 million eggs of the manufacturing sector units or 64% of the total production.

Head of delegation Mr. Harold Dean Sandorski (TysonFreshMeatInc.) told about the projects implemented in the United States on the example of full-cycle processing of meat products. Such plants supply retailers and restaurants with finished meat products of the highest quality in various range from frozen carcases and packaged fillet to hamburgers. 

Investors also noted that the region has great potential for implementation of projects in agriculture. At the same time, it is important that there are all conditions, a rich resource and raw material base and full support from the state.

In general, the delegation is studying the possibilities for implementation of projects not only in the meat sector, but also in the cultivation of crops, production of dairy products, etc.

In the afternoon the delegation is going to visit Zhitikarinskiy district, and tomorrow, on November 10, the guests will meet with the regional akim Mukhambetov and discuss the possible cooperation in detail.