Discover Qazaqstan via News and Inspiring Stories
QazMonitor Logo
Facebook Qazmonitor iconInstagram Qazmonitor iconTiktok Qazmonitor iconTwitter Qazmonitor iconTelegram Qazmonitor iconYoutube Qazmonitor iconRSS
  1. Main Page
  2. News
  3. American Company to Invest $20 Million in Pavlodar’s Food Infrastructure
Astana, Kazakhstan • 14 November, 2022 | 13:48
1 min read

American Company to Invest $20 Million in Pavlodar’s Food Infrastructure

The project will include a potato processing plant and construction of warehouses

QazMonitor Logo
www.canva.com
www.canva.com

American trading company MK Industries signed a Memorandum of Understanding on the implementation of a potato processing project in the Pavlodar region, QazMonitor reports citing KAZAKH INVEST.

MK Industries specializes in the trading of food and commodities owning 49 properties in over 30 countries. Its subsidiary, MK Trading and Food Industries supplies egg powder, edible oils, sugar, flour, legumes, and other agricultural products under the Akli Food brand.

During the meeting with the Kazakh side, the company representatives discussed the details of the project, which is expected to be implemented in 2024 in the Pavlodar region. The plan also includes the construction of storage warehouses for raw materials. The total amount of investment is worth $20 million.

Only 30% of an article published on The Qazaqstan Monitor website may be used with a mandatory hyperlink provided to indicate the original source. To re-publish the full article, written permission from the editorial is required.