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Project Description
This project involves the construction of a full-cycle tomato paste production plant and a large-scale greenhouse complex in the Zhanakorgan District of Kyzylorda Oblast, approximately 70 km from Turkestan. The facility will produce 20,102 tonnes of tomato paste annually upon reaching full design capacity by 2027. The project includes long-term leased land plots, energy and gas connection agreements, and plans to use advanced Cold Break and Hot Break processing technologies
Project Phase:
Procurement & Construction
Investment Value:
44 000 000 $
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Start Date:
1/1/2023
End Date:
1/1/2027
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Other important details
· Market context: Kazakhstan consumed 96,000 tonnes of processed vegetables in 2022; 75.1k tonnes were imported (78%).
· Import substitution impact: The plant aims to reduce dependence on tomato paste and processed vegetable imports, particularly from China (91% of tomato imports).
· IRR: 22,9%
· Payback Period: 6,6 years
· Discounted Payback Period: 11,64years
· Packaging and shelf life: Use of aseptic bags and Cold/Hot Break methods extends product shelf life to 24 months without refrigeration.
· Transportation advantage: Direct access to developed road and rail logistics networks in Kyzylorda Oblast.
Sources
Publication/Revision Date:
6/23/2025