December 26, 2024

Dalian Hesheng plans to set up industrial park for deep processing of wheat in Akmola, Kazakhstan

China's Dalian Hesheng Holdings Group Co., Ltd. plans to establish a vertically integrated industrial park for the deep processing of wheat in Kazakhstan's Akmola region.

The project was discussed on December 18 during a meeting between Kazakhstan's Prime Minister Olzhas Bektenov and a delegation from the Chinese company.

Investments in the project will total $500-800 million for the initial phase, with an additional $1 billion planned for the second and third phases. The plant will process one million tonnes of wheat annually during the first phase, with capacity increasing to three million tonnes per year in subsequent phases. The initiative is expected to create approximately 2,000 jobs. Construction is set to begin in the second quarter of 2025.

The project will also include the construction of a coal-fired thermal power plant and a coal chemical complex capable of producing 150,000–400,000 tonnes of liquid ammonia annually.

Bektenov underscored the importance of enhancing wheat processing and expanding the production of high-value-added products. He directed government agencies to expedite the signing of an investment agreement with Dalian Hesheng Holdings.

Kazakhstan has significant potential in deep grain processing, harvesting 16-17 million tonnes of grain annually. More than 260 different high-value-added products, such as bioethanol, gluten, and animal feed, can be derived from processed grain.

The Times of Central Asia previously reported that Chinese company Myande Group signed a memorandum of cooperation in July for the construction of a wheat processing plant in Kostanay. The facility will produce amino acids, bioethanol, gluten, animal feed, and wheat bran, further bolstering Kazakhstan's grain processing sector.

- The Times of Central Asia