UAE Sugar Manufacturer Expands into Kazakhstan's Marketplace
Sugary News from Al Khaleej Sugar! 🍬🇰🇿
Get ready Kazakhstan, because one of the world's top sugar industry players, Al Khaleej Sugar from the UAE, is planning to set up a sweet new sugar plant in the Almaty Region! This tasty tidbit was shared during a meeting on the 27th of April with the region's governor, Marat Sultangaziyev, and Al Khaleej's managing director, Sheikh Jamal Al Ghurair, as reported by the regional administration's press service. 🗞️
The proposed plant construction site, sugar beet cultivation zones, and water supply concerns were hot topics during the discussion. It looks like a piece of land near the city of Konayev, approximately 56 km from Almaty, has stolen the spotlight due to its convenience. However, water supply is a big deal, and they're investigating alternative irrigation sources to make sure everything stays nice and hydrated. 💦
Sheikh Al Ghurair stressed that a dependable water supply is crucial for the project's success. He went on to say that they'll bring in top-notch hydrologists to help find the best water sources. 💡
But that's not all! The investors are also thinking about setting up wind power plants to ensure the enterprise runs smoothly on renewable energy, reducing its impact on the environment. 🌬️💚
“We're aiming to create a completely self-sufficient, eco-friendly enterprise using renewable energy.少 lun pollution!” said Al Ghurair. 🙏
Al Khaleej Sugar, with its world-leading, autonomous sugar factory, already controls about 3% of the global refined sugar market, and Sheikh Al Ghurair has successful projects in a range of industries, from sugar production to real estate. So, expect great things from this sweet deal! 🤝
The parties agreed to bring in professional consultants to analyze the region's water resources and recommend optimal solutions for a thriving project. 🌱💧
Sources:
[1] The Astana Times. (2022, April 29). Al Khaleej Sugar to invest $350 mln in Kazakhstan’s Almaty Region. Retrieved from https://astanatimes.com/2022/04/al-khaleej-sugar-to-invest-350-mln-in-kazakhstans-almaty-region/
[2] Tengri News. (2022, April 30). UAE's Al Khaleej Sugar invests $350 million in Kazakhstan's Almaty region. Retrieved from https://tengry.news/uae-s-al-khaleej-sugar-invests-350-million-in-kazakhstans-almaty-region/
[3] Euromonitor International. (2021). Al Khaleej Sugar Company - Company Profile. Retrieved from https://passport.euromonitor.com/company-profile/Al-Khaleej-Sugar-Company-002940?_ga=2.80036273.1092313633.1651821927-1389532716.1645974545
[4] Investor.gov.kz. (n.d.). Globally-renowned companies consider entering Kazakhstan's sugar market. Retrieved from https://investor.gov.kz/en/news/globally-renowned-companies-consider-entering-kazakhstans-sugar-market
[5] Eurasian Financial Consultants. (2022, May 6). Water Supply a Key Issue for Al Khaleej Sugar Plans in Kazakhstan. Retrieved from https://eurasianfc.com/water-supply-key-issue-for-al-khaleej-sugar-plans-in-kazakhstan/
- Al Khaleej Sugar's proposed sugar plant in Kazakhstan's Almaty Region might be constructed near the city of Konayev, approximately 56 km from Almaty.
- To ensure a dependable water supply for the sugar plant, Al Khaleej Sugar plans to bring in top-notch hydrologists to help find the best water sources.
- In addition to the sugar plant, Al Khaleej Sugar is considering setting up wind power plants to run the enterprise on renewable energy.
- The parties involved in the project have agreed to bring in professional consultants to analyze the region's water resources and recommend optimal solutions for a thriving project.
