| Location: | East Kazakhstan |
| Sector: | Agriculture and Food Processing |
| Total cost: | $ 21 mln |
| Chinese partner: | Rifa Holding Group |
| Kazakhstani partner: | “Eurasia Agro Holding” LLP |
| Start of construction: | 2016 |
| Putting into commission: | 2020 |
Rifa Holding Group is a large private joint-stock conglomerate, with its headquarters sitting close to the gorgeous West Lake in Hangzhou, China. Since its establishment in 1993, it has been focusing on high-tech sectors, and holding fast to the operational ideology of Digitalization, Informationization, Agility, and Internationalization. Rifa has entered into six sectors including textile machinery, precision machinery, agriculture and animal husbandry, cultural and sports industry, general aviation, and financial investment. The company started to do business in the agricultural sector in the early 2000s and is currently engaged in meat processing in China, Australia and Argentina.
A new meat-processing plant will have an annual capacity of 17 thousand tonnes of lamb and beef and feedlots for 50 thousand heads of small cattle and 1000 heads of big cattle.[1] The total project cost is estimated at 7.9 billion tenge ($ 21 mln). The share of Rifa Holding Group in the project will amount to 49%. According to the press service of the Ministry of Agriculture, 80% of the production will be focused on exports to China.[2] The company Rifa Holding Group intends to purchase annually 100 thousand carcasses of beef and 1 million carcasses of lambs for export to China.[3]