Turkey’s Safi Holding plans to invest $200 million in building sugar plant in KazakhstanTurkish company Safi Holding plans to build a sugar plant in Kazakhstan with a production capacity of up to 140,000 tonnes of sugar per year, the press service of the Kazakh Ministry of Agriculture reported.According to the press service, the construction of the plant was discussed during negotiations between Kazakh Minister of Agriculture Aidarbek Saparov and Safi Holding CEO Safi Atakan.The processing capacity will be 1 million tonnes of sugar beet per year. The investment volume is $150-200 million. At this stage, the investor is considering possible regions for locating the plant.During the negotiations, Saparov noted that the government of Kazakhstan will provide comprehensive support to the investor for the implementation of this project.Currently, Kazakhstan has four operating sugar plants in Taraz, Merke, Aksu, and Koksu (all in the south), with a total daily processing capacity of 8,700 tonnes of sugar beet and 2,400 tonnes of raw sugarcane.Plans for building a new sugar plant in the south of the country, capable of processing 1 million tonnes of sugar beet per year, were reported earlier.In 2024, the beet harvest in Kazakhstan amounted to about 1.3 million tonnes with an average yield of 535.5 centners per hectare (c/ha), which is twice as much as in 2023. (ICE ALMATY)

Fonte notizia: INTERFAX