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Kazakhstan and South Korea to build $1.3 million canned meat plant

2 min
Kazakhstan and South Korea to build $1.3 million canned meat plant

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Kazakhstan and South Korea agreed to build a joint canned meat production facility in Kazakhstan with $1.3 million in investment. The agreement was reached at the Kazakhstan-Korea Business Forum in Almaty, where commercial documents worth $54.8 million were signed.

Key Facts

  • Kazakhstan and South Korea will invest $1.3 million in a joint canned meat production facility in Kazakhstan.
  • Kazakhstan's Samsar Investment will implement the project from the Kazakh side.
  • The two sides agreed to export 1,000 tonnes of beef worth $13 million from Kazakhstan to South Korea.
  • Samsar Investment also agreed to export 3,000 tonnes of refined sunflower oil to South Korea monthly.
  • Commercial documents worth $54.8 million were signed at the business forum attended by over 200 business representatives.

Joint Production Project

The canned meat production facility will be built in Kazakhstan with a total investment of $1.3 million from both sides. Kazakhstan's Samsar Investment will implement the project from the Kazakh side. The agreement was reached at the Kazakhstan-Korea Business Forum held in Almaty. The location, capacity, construction timeline, and number of future jobs have not yet been announced.

Export Agreements

The two sides agreed to export 1,000 tonnes of beef worth $13 million from Kazakhstan to South Korea. Samsar Investment also agreed to export 3,000 tonnes of refined sunflower oil to South Korea monthly. The duration of the sunflower oil contract was not specified.

Forum Outcomes

Commercial documents worth $54.8 million were signed at the forum. More than 200 business representatives attended, including about 100 members of the Korean delegation. Korea Importers Association Chairwoman Yeon Mi Yoon said Kazakhstan is of interest to South Korea as a supplier of energy, industrial, and agricultural goods, and as a transport hub between Europe and Asia. Trade turnover between the two countries reached $3.17 billion in 2025, up 1.3%. In the first half of 2026, trade volume was $1.3 billion, with Kazakh exports up 17.2%.