Chinese and Kazakh companies are expanding cooperation in agriculture, with $2 billion in joint processing projects agreed at the recent China–Central Asia forum in Astana. The deals are part of a broader package of 58 commercial agreements totaling more than $24 billion.
One of the major contracts was signed between Kazakhstan's Investment Committee and Qingdao Wanlin Food Corporation. The Chinese company plans to invest $89 million in a plant for onion dehydration and vegetable processing. The facility will focus on export markets including China, the U.S., and Europe.
Qingdao Wanlin has already established supply agreements with local farmers. The plant is expected to create around 300 jobs and boost Kazakhstan's export capacity in processed food products.
Source: eldala.kz