Hungary to launch investment project to boost compound feed production in Kazakhstan
Images | primeminister.kz
Kazakh Deputy Prime Minister - National Economy Minister Serik Zhumangarin held a meeting today with the leadership of Hungary’s company UBM Group, Kazinform News Agency has learnt from the press service of the Kazakh government.
As part of the major investment project, the Hungarian company is to build three plants in 2025-2027 with a combined production capacity of 48,000 tons of premixes and 300,000 tons of compound feed as well as a laboratory and a training center.
Kazakhstan eyes the replacement of over 250,000 tons of imported compound feeds through the project.
Kazakhstan is interested in promoting projects for deep processing of grain, meat and milk. We recently announced a tender offer inviting investors to a number of spheres, with a special focus on food production. Our country eyes self-sufficiency in local food production, especially socially important food products, not less than 90% of the citizens’ needs, said Zhumangarin, inviting the Hungarian company to invest in the food sector.
In turn, Varga Ákos, shareholder of UBM Group, expressed readiness and great interest in establishing new productions in Kazakhstan, mentioning that the company has the necessary experience, capacity and modern technologies.
The project provides for construction of plants in Kostanay, Karaganda regions and Almaty city.
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President Tokayev meets Yandex Global Director General Daniil Shuleyko
Images | Akorda
Head of State Kassym-Jomart Tokayev has met today Director General of Yandex Global Daniil Shuleyko, Kazinform News Agency learned from the Akorda press service.
The sides discussed key areas of Yandex Qazaqstan’s activity and perspective plans, with special attention given to the initiatives in platform employment and AI technologies development.
Kassym-Jomart Tokayev emphasized the contribution of Yandex Qazaqstan to the country's digital transformation, support of small and medium businesses and improving quality of life of citizens.
The parties also reviewed the issues of integration of cultural heritage with the advanced technologies. The President highlighted that amid rapid development of artificial intelligence, the preservation of cultural identity and promotion of the Kazakh language and culture in digital space gain special importance.
For his part, Daniil Shuleyko said that due to the platform employment pilot project, more than 65,000 drivers – partners of Yandex Taxi have received social support. In 2024, tax payments to Kazakhstan economy reached 29.5 billion tenge, and the company's total investments exceeded 225 billion tenge since 2016.
The head of Yandex Global unveiled the company’s plans to launch pilot innovation projects in Astana and confirmed the company's participation in the AI-Sana program.
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President: Kazakhstan ready to deepen cooperation with Chevron
Images | Akorda
At the meeting, they reviewed the status and future opportunities for strategic partnership, Akorda reports.
The President emphasized Chevron’s key role in the sustainable development of the country’s energy sector and congratulated Michael Wirth on achieving first oil production under the Future Growth Project at the Tengiz oil field.
Special attention was given to the further implementation of major investment projects, including gas production and petrochemical products.
The President highlighted the importance of increasing the participation of domestic companies in the oil and gas industry and expressed readiness to deepen cooperation with Chevron on a mutually beneficial and long-term basis.
According to Michael Wirth, Kazakhstan remains a strategic and reliable partner for Chevron. He noted that from 1993 to 2024, the joint venture Tengizchevroil made significant investments in the country’s economy.
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Meeting of CIS Foreign Ministers’ Council kicks off in Almaty
Images | mfa.gov.kz
A meeting of the CIS Foreign Ministers’ Council in the Central Asia-Russia format has begun in Almaty, Kazinform News Agency reports.
Deputy Prime Minister - Minister of Foreign Affairs of Kazakhstan Murat Nurtleu welcomed the members of the delegations.
The meeting began with a traditional photo-op, after which the ministers proceeded to the discussion of the key issues of regional and international cooperation.
Addressing the participants, Nurtleu said that year 2025 is being held in t under the sign of the 80th anniversary of the Victory in the Great Patriotic War. "During the difficult war years, Kazakhstanis fought steadfastly at the front, showing courage and heroism," he said adding that Kazakhstan played a special role as a strategic rear with 1.2 million soldiers or almost 20% of the population mobilized.
During the war years, Kazakhstan sent more than 5 million tons of bread and 800 thousand tons of meat to the front. Nine out of ten bullets were cast from Kazakhstan lead, which clearly reflects the true scale of Kazakhstan’s contribution to the common Victory," he said.
He congratulated the attendees on the upcoming Victory Day and wished them peace, happiness and wellbeing.
The meeting is expected to focus on a wide range of issues aimed at further strengthening cooperation within the CIS. Special attention will be given to the coordination of efforts in political, trade-economic, cultural-humanitarian and other areas of interaction.
As part of the regular foreign ministers’ meeting in the Central Asia-Russia format, the participants will discuss the topical issues of interaction of the region’s countries in trade-economic and investment, transport-logistics, as well as cultural-humanitarian spheres, and in regional security ensuring.
The sides will also discuss the process of the CIS states’ preparation for celebration of the 80th anniversary of Great Victory, cultural-humanitarian cooperation within the CIS and enhancing border security.
Earlier, Murat Nurtleu met his Russian counterpart Sergey Lavrov in Almaty. The sides had an in-depth discussion of implementation of the agreements concluded at the highest and high levels, as well as the relevant issues of interaction in political, trade-economic, cultural-humanitarian and other spheres.
On the occasion of celebration of the 80th anniversary of Great Victory, the foreign ministers participated in a ceremony of laying flowers to the Eternal Flame of the Glory Memorial in the 28th Panfilov Guardsmen Park.
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President Tokayev meets YTO Express Chairman Yu Huijiao
Images | Akorda
Head of State has met today Yu Huijiao, Chairman of the Board and founder of China’s YTO Express logistics company, the press service of Akorda reported.
Kassym-Jomart Tokayev was informed about the activity of QazPost-YTO LLP, a joint venture of JSC QazPost and YTO Express.
The goal of this project is to build a modern and an effective courier delivery network across Kazakhstan and Central Asian countries.
In 2025, Kazakhstan’s Almaty region plans to launch construction of a sorting hub to reduce postal delivery timeline. In addition, QazPost-YTO intends to create an industrial park in close proximity to the sorting hub," a press release from Akorda reads.
Following the meeting, the President highlighted strategic importance of such joint projects and said they should become an example of an effective interaction between the state and foreign business.
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