Kazakhstan’s Push to Alleviate Feed Import Dependence with UBM Group Investment

Kazakhstan’s Deputy Prime Minister announced a partnership with Hungary’s UBM Group to establish three feed production plants. The initiative aims to reduce reliance on imported feed, enhance local livestock farming, and meet 90% of food demands locally. Construction in key regions will commence soon, with expectations of completion in two years.

On March 12, Kazakhstan’s Deputy Prime Minister, Serik Zhumangarin, convened with executives from Hungary’s UBM Group, who are planning the establishment of three plants in Kazakhstan. These facilities are projected to produce 48,000 tons of premixes and 300,000 tons of compound feed annually, alongside a laboratory and training center aimed at bolstering local agriculture.

The initiative seeks to diminish Kazakhstan’s dependence on compound animal feed imports, which currently surpass 250,000 tons annually. Zhumangarin underscored that the availability of high-quality, domestically produced feed is vital for reducing production costs in the meat sector. Furthermore, he highlighted the national objective of fulfilling at least 90% of domestic food requirements through local production, particularly for essential commodities.

The UBM Group’s project includes the construction of facilities in the Kostanay and Karaganda regions, along with Almaty. In the Karaganda area, a construction site and business partner have been secured, whereas in Kostanay and Almaty, collaborations have formed but final site evaluations are still underway.

To facilitate progress, Zhumangarin has directed local administrations and the Ministry of Agriculture to finalize land allocations by the end of March. This will enable the investor to initiate earthwork activities in the second quarter of the year. Completion of the full construction project is anticipated within two years.

Kazakhstan is advancing its strategy to decrease reliance on feed imports through a significant investment from Hungary’s UBM Group, which aims to establish production facilities in key regions. This initiative is aligned with the nation’s goal of ensuring food security and supporting local agriculture by enabling domestic feed production. Local government actions are critical to accelerating the project’s implementation, which is geared towards completion within two years.

Original Source: timesca.com

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