I & S INNOVATION & SUSTAINABILITY

President of Republic of Kazakhstan launched Fat&Oil plant in Almaty

1 July 2016

President of Republic of Kazakhstan launched Fat&Oil plant in Almaty

Posted: Zakon.kz

President of Republic of Kazakhstan Nursultan Nazarbayev has launched the production of Fat&Oil complex of LLP "EFKO ALMATY" during a teleconference dedicated to summing up the industrialization of the first half of 2016.

"Last year, on the Council of foreign investors' you have approved our project for creating a cluster of Fat&Oil in Kazakhstan. This year we upgraded existing facilities in Almaty on 11 billion tenge, implemented new technology, created 750 new workplaces and will produce up to 120 thousand tons of Fat&Oil products per year", – said the company director Nurzhan Kozhamuratov.

According to him, to ensure the transfer of international technology-based enterprise was established its own training center. "We intend to increase the volume of production in the near future, we plan to become a key supplier of Fat&Oil products in Central Asia", – he said.

As the President of Kazakhstan pointed out, it is a very important production, which can manufacture competitive products. "Now a new market in China for vegetable oils is opening, so the prospect is large, we need to expand the area for the crops cultivation to produce oil as export quality and competitive goods. I give my permission to run the plant", – said the Head of the State. It should be noted that the production capacity is 120 tons per year. 750 people will have here permanent jobs.

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