Tyson Foods goes to Kazakhstan. Tyson Fresh Meats (division of Tyson Foods) signed an agreement with Kazakhstan’s government and the holding Kusto Group, on December 9th. The document outlines the collaboration agreement between the entities to develop and build a “modern beef processing plant”.
2.000 units per day
Tyson Foods has a clear goal in mind: to bring life to “an investment – read an official company note -, that will provide Kazakhstan’s agricultural segment with a competitive advantage worth over 1 billion USD”. During the initial phase, the plant should be able to process 2.000 units per day.
The Asian nation’s partnership with Tyson Foods is part of a development and modernization plan for the internal agriculture industry. Strengthening the agricultural segment is considered to be a strategic matter for the country, which is the 9th largest by surface land. Kusto Group (locally based, with HQ in Singapore), is one of Kazakhstan leaders in meat manufacturing.
In picture (by Tyson Food) the signing of the agreement. From the left: Yerkin Tatishev (Kusto Group), Askar Mamin (Prime Minister of the Republic of Kazakistan) and Noel White (president and CEO of Tyson Foods)