China investing in oilseed crushing in Kazakhstan

An oilseed processing project is about to be implemented in East Kazakhstan region.

The facility is designed to be capable of crushing 20 KMT of soybeans and 20 KMT of sunflower seed a year. The finished products will be exported to China and Russia.

The investment project cost is KZT 7.7 Bl. The Chinese company Long Xin is now investing USD 8 Ml.

The project completion is scheduled for 2020, reports UkrAgroConsult.

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