National company Kazakh Invest held a meeting with the largest producer of grain products. The Chinese company Fufeng Group is a world leader in deep grain processing and the production of xanthan gum, sodium glutamate, some types of amino acids and other deep grain processing products, the APK News agency reports.
During a trip to Beijing, representatives of the National Company discussed investment cooperation opportunities with Chinese partners. Thus, at a meeting with representatives of Fufeng Group, the parties considered investment opportunities in Kazakhstan in the food industry.
As part of the meeting, Kazakhstani representatives visited the Fufeng Group deep grain processing plant. This company is a global leader in biofermentation and food production, which are sold in 115 countries around the world. The company is also a world leader in deep grain processing and the production of xanthan gum, sodium glutamate, some types of amino acids and other deep grain processing products. The company's revenue in 2022 amounted to €4 billion.
Following the meeting, representatives of Chinese business expressed interest in implementing joint investment projects.