Deal #4998

Location #1

Spatial accuracy level
Administrative region
Location
Kostanay 110000, Kazakhstan

Target country
Kazakhstan

Land area

Size under contract (leased or purchased area, in ha)
[2012] 800000
Size in operation (production, in ha)
[2014] 560000

Intention of investment

Intention of investment
Food crops, Livestock, Non-food agricultural commodities

Nature of the deal

Nature of the deal
Outright Purchase
Lease
Comment on nature of the deal
part of the land was acquired through the purchase of farms

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
part of the land was acquired before 2000

Implementation status

Implementation status
[1992] Startup phase (no production)
In operation (production)
Comment on implementation status
the company started as a small trading company in 1992; "in the course of time [the owner] realized that trading can be more successful if one has own storage capacities ... [and] bought a first elevator ... Then they met the problem of unreliable grain supply which drove into own grain growing" (Wandel 2009:18)

Number of total jobs created

Jobs created (total)
Yes
Current number of employees (total)
[2014] 10000

Operating company

Operating company

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Date
2009-01-01

Data source #2

Data source type
Research Paper / Policy Report
File
Date
2012-06-20

Data source #3

Data source type
Media report
File
Date
2011-02-13

Data source #4

Data source type
Media report
File
Date
2014-01-01

Data source #5

Data source type
Media report
File
Date
2013-08-09

Former land owner (not by constitution)

Former land owner
State
Private (large-scale farm)
Community
Comment on former land owner
former kolkhoz

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland
Marginal land

Detailed crop, animal and mineral information

Crops area
Fodder Plants (unspecified), Grains (unspecified), Oil Seeds (unspecified), Wheat
Livestock area
Dairy Cattle

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
have 11 elevators

Overall comment

Overall comment
the company has severe financial problems; in 2010, its farms were offered for sale

March 21, 2016, 1:39 p.m.

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