The foreign investor, represented by the Turkish holding company Agrobest Grup, is to invest $30 million to build a factory for the production of herbicides, insecticides, fungicides, seed protectants and glyphosate in Kazakhstan. The project is being implemented with the support of the Embassy of the Republic of Kazakhstan in Turkey, the official website of the Prime Minister of Kazakhstan reported.
 
Kazakh Invest provides assistance to the project in obtaining all the necessary permits and receiving state support measures. Thus, with the support of the regional office, a land plot was selected in the Kairat industrial zone located in the Talgar district of the Almaty region.
 
The investor plans to start designing works in the near future. The construction of the plant will begin at the end of this year and will end in 2019.
 
The total production capacity of the plant under construction will be up to 12 thousand tons of pesticide production per year. It is planned that more than 60% of the production will go to the domestic market, the rest will be exported to the markets of Turkmenistan, Uzbekistan, Kyrgyzstan, etc.
 
Turkish company Agrobest Grup was founded in 2002 and is an important participant in the world pesticide market — annually produces 35 thousand tons. The products are represented on the markets of chemical crop protection agents of Turkmenistan, Uzbekistan, Kazakhstan, Azerbaijan, Georgia, Sudan, Syria, etc.