CONDITIONS FOR POLISH MEAT PROCESSING INVESTMENTS IN KAZAKHSTAN BETTER THAN IN BELARUS

CONDITIONS FOR POLISH MEAT PROCESSING INVESTMENTS IN KAZAKHSTAN BETTER THAN IN BELARUS

Marek Sawicki, who is the Minister of Polish Agriculture, made a statement that Kazahstan offers more favorable conditions for investment in meat processing than Belarus. 

In particular, Kazakhstan is ready to provide free platforms to create incentives for production and tax exemptions for a period of ten years. The Government of Kazakhstan is ready to provide about 30 percent compensation of investment. Polish investors will be also co-financed by the European Union with 10%.

Belarus also has a good relationship but this is not sufficient for Polish investors. Savitsky himself is sure that Polish meat processors need to invest in Kazakhstan or Belarus because the sanctions of the Russian Federation will not last forever, and sooner or later the war will end. He adds that the trade of agricultural products between Poland and Belarus has reached 110 million euros for a year and hopes that by the end of 2014 this figure will have increased up to at least 40 million.

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