Such investment projects will have a positive impact on the development of fisheries in the Mangystau region. They will create new jobs, make a significant contribution to the development of the economy, as well as to the expansion of export opportunities. Therefore, we are ready to fully support such initiatives aimed at the development of the region," said Nurdaulet Kilybai.

"Gansu Joy expressed interest in government support measures, such as providing subsidies, allocating land and improving infrastructure. If the project is implemented, new jobs will be created in the region, a brand of Kazakhstani fishing will be formed, and some of the products will be exported," Kilibai's office said in a statement. "We are ready to fully support projects aimed at creating new jobs, diversifying the region's economy and increasing export potential."

The Caspian Sea was once a key center of global caviar production, but most of this production came from caviar harvested by wild sturgeon. After overfishing of fish stocks, global caviar production mainly switched to sturgeon farming, and the regions adjacent to the Caspian Sea lagged behind changing trends.

Nevertheless, Mangystau region is currently trying to catch up, and its strategic location makes it close to the markets of Azerbaijan, Iran and Russia.