PepsiCo to Invest $160 Million in New Snack Production Plant in Kazakhstan
Source: DairyNews.today
The American company PepsiCo plans to invest $160 million in private capital to construct a salted snack production plant in the Almaty region of Kazakhstan. This project was discussed during a meeting between Prime Minister Olzhas Bektenov and David Manzini, President of PepsiCo in Central Asia, Russia, Belarus, and the Caucasus, reports Dairynews.today, citing the press service of the Prime Minister of Kazakhstan.
The primary goal of the project is to localize production and implement innovative technologies, which will enhance agricultural processing in Kazakhstan. The plant will be the largest in Central Asia, with production starting in 2026 and a capacity of up to 16,000 tons of finished products per year, increasing to 21,000 tons by 2027.
The project will create approximately 350 skilled jobs and employ up to 1,000 people during the construction phase. The finished products will be supplied to both the Central Asian market and beyond.
PepsiCo plans to predominantly purchase local raw materials and is already in negotiations with Kazakh farmers for potato supplies. Between 2026 and 2030, the company intends to buy between 50,000 and 66,000 tons of potatoes, with the potential for further volume increases. The project also plans for 100% recycling and waste disposal, adhering to principles of environmental sustainability.
Prime Minister Olzhas Bektenov highlighted the project's significance for developing agriculture, increasing farmers' incomes, and strengthening the country's economy. This project is included in the pool of priority investment projects under the special supervision of the Government of Kazakhstan.
Following the meeting, both parties confirmed their intention to continue cooperation and develop new projects that will enhance Kazakhstan's food production potential.
The project will create approximately 350 skilled jobs and employ up to 1,000 people during the construction phase. The finished products will be supplied to both the Central Asian market and beyond.
PepsiCo plans to predominantly purchase local raw materials and is already in negotiations with Kazakh farmers for potato supplies. Between 2026 and 2030, the company intends to buy between 50,000 and 66,000 tons of potatoes, with the potential for further volume increases. The project also plans for 100% recycling and waste disposal, adhering to principles of environmental sustainability.
Prime Minister Olzhas Bektenov highlighted the project's significance for developing agriculture, increasing farmers' incomes, and strengthening the country's economy. This project is included in the pool of priority investment projects under the special supervision of the Government of Kazakhstan.
Following the meeting, both parties confirmed their intention to continue cooperation and develop new projects that will enhance Kazakhstan's food production potential.
