UAE Investments Bear Fruit In Kazakhstan
September 16th, 2019

Via Farmland Grab, a report on a UAE-based company’s plans to invest in 1000-hectare orchards in Almaty region:

Phoenix Global DMCС, a transnational company based in Dubai (UAE), will invest in the project for orchards development with a total area of 1,000 hectares in Kazakhstan’s Almaty region. Phoenix Global and Kazakh Invest national investment promotion company have signed a relevant agreement within the framework of the Intergovernmental Commission in Dubai (UAE), Kazakh Invest reported.
 
Investors plan to start implementation of the project worth $81.7 million this year. The first output will be produced in 2021. In addition to the orchards, investors will build a fruit processing and storage facility with the capacity of about 8 thousand tons. According to the Memorandum, investors aim to create over 2 thousand jobs.
 
“This project implies cluster development. In addition to introducing modern technologies with this project, investors plan to increase and enhance the current practice of growing fruits in neighboring farms for collection of raw material. Thus, in the near future, local gardeners will produce high-quality and ecologically clean domestic products with the use of the latest technologies and have a 100% sale of goods,” said Timur Tilinin, the Deputy CEO of Kazakh Invest.
 
The orchards will grow apples, pears, apricots, plums, peaches and cherries. As part of a full production cycle establishment, including storage, sorting, processing and freezing of products, it is planned to produce fruit puree and concentrate — raw materials for baby food.
 
The products will be exported to the Middle East, Southeast Asia, Europe, China, as well as supplied to the domestic market.
 
Phoenix Global DMCC is a multinational company based in Dubai, UAE and operating in the field of agriculture. In 2018, the company’s sales exceeded $2 billion. Currently, the company has 27 offices in 18 countries. Phoenix Global offices are located in the CIS, Asia, Africa, as well as in Australia, North and South America.

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About This Blog And Its Author
Seeds Of A Revolution is committed to defining the disruptive geopolitics of the global Farms Race.  Due to the convergence of a growing world population, increased water scarcity, and a decrease in arable land & nutrient-rich soil, a spike of international investment interest in agricultural is inevitable and apt to bring a heretofore domestic industry into a truly global realm.  Whether this transition involves global land leases or acquisitions, the fundamental need for food & the protectionist feelings this need can give rise to is highly likely to cause such transactions to move quickly into the geopolitical realm.  It is this disruptive change, and the potential for a global farms race, that Seeds Of A Revolution tracks, analyzes, and forecasts.

Educated at Yale University (Bachelor of Arts - History) and Harvard (Master in Public Policy - International Development), Monty Simus has long held a keen interest in natural resource policy and the geopolitical implications of anticipated stresses in the areas of freshwater scarcity, biodiversity reserves & parks, and farm land.  Monty has lived, worked, and traveled in more than forty countries spanning Africa, China, western Europe, the Middle East, South America, and Southeast & Central Asia, and his personal interests comprise economic development, policy, investment, technology, natural resources, and the environment, with a particular focus on globalization’s impact upon these subject areas.  Monty writes about freshwater scarcity issues at www.waterpolitics.com and frontier investment markets at www.wildcatsandblacksheep.com.