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The News God > Blog > Business & Finance > Kusto Group and Yerkin Tatishev to build Kazakhstan’s first pet food factory
Business & Finance

Kusto Group and Yerkin Tatishev to build Kazakhstan’s first pet food factory

Rose Tillerson Bankson
Last updated: December 9, 2024 1:13 pm
Rose Tillerson Bankson - Editor
December 9, 2024
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6 Min Read
Kusto Group and Yerkin Tatishev to build Kazakhstan’s first pet food factory
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Kusto Group, the multinational holding company helmed by Yerkin Tatishev, is set to revolutionize Kazakhstan’s pet care industry by establishing the country’s first pet food factory. The new facility, operated by the company’s subsidiary KazPetFood, will be located in the “Alatau” Special Economic Zone near Almaty and is projected to begin operations by 2026.

Contents
  • A landmark development for Kazakhstan’s pet industry
  • Yerkin Tatishev’s vision for sustainable growth
  • Kusto Group: A global conglomerate with local impact
  • The role of KazPetFood in Kusto Group’s strategy
  • A boost for local communities
  • Yerkin Tatishev and Kusto Group’s broader impact
  • Looking Ahead

This ambitious project is expected to produce 40,000 tons of high-quality dry food for dogs and cats annually, catering to both domestic and international markets. With this initiative, Kusto Group reinforces its commitment to advancing Kazakhstan’s economy through innovative and impactful ventures.

A landmark development for Kazakhstan’s pet industry

Kazakhstan’s pet care market has seen significant growth in recent years, yet it lacked a domestic producer of pet food. Kusto Group identified this gap and seized the opportunity to establish KazPetFood. The subsidiary has been actively involved in initiatives to promote local heritage, including supporting the recognition of the Kazakh Tazy as an official international dog breed.

The new factory’s location in the “Alatau” Special Economic Zone is strategic, benefiting from favorable policies and proximity to transportation hubs. Once operational, the factory is expected to reduce reliance on imported pet food, lower costs for pet owners, and open up export opportunities, further positioning Kazakhstan as a key player in the global pet care market.

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Yerkin Tatishev’s vision for sustainable growth

As the founder and chairman of Kusto Group, Yerkin Tatishev has consistently championed projects that combine economic growth with social impact. Under his leadership, Kusto Group has expanded its footprint across diverse industries, including agriculture, construction, energy, and real estate.

Tatishev’s philosophy centers on creating long-term value for communities while fostering sustainability. The KazPetFood factory aligns perfectly with this vision by addressing local needs, creating jobs, and promoting a more self-reliant economy.

Kusto Group: A global conglomerate with local impact

Founded in 2002, Kusto Group has grown into a multinational conglomerate with operations in over 10 countries. The company’s diverse portfolio spans agriculture, oil and gas, construction materials, and real estate, making it a significant contributor to economic development in various regions.

In Kazakhstan, Kusto Group has been instrumental in modernizing agriculture through its investments in innovative farming techniques and technologies. The company’s agricultural arm is committed to improving food security and sustainable farming practices, reflecting Tatishev’s dedication to environmental stewardship.

Additionally, Kusto Group is renowned for its real estate projects, which prioritize quality and innovation. For instance, the company has spearheaded the development of high-end residential and commercial properties that blend modern design with functionality.

The role of KazPetFood in Kusto Group’s strategy

KazPetFood represents a strategic extension of Kusto Group’s diversification efforts. By tapping into the pet care market, the company is addressing a sector with immense growth potential. With the global pet food industry projected to reach $139 billion by 2027, KazPetFood is well-positioned to capture a share of this lucrative market.

Moreover, the factory will contribute to Kazakhstan’s export potential, aligning with the government’s goals of increasing non-oil revenues. By producing pet food locally, Kusto Group will also ensure higher quality standards and fresher products for consumers.

A boost for local communities

Beyond economic benefits, the KazPetFood project will create numerous job opportunities, from factory workers to logistics and distribution roles. This aligns with Yerkin Tatishev’s commitment to empowering communities through skill development and sustainable employment.

The project is also expected to stimulate local suppliers, as the factory will source raw materials domestically whenever possible. This emphasis on local procurement further underscores Kusto Group’s role in bolstering Kazakhstan’s economy.

Yerkin Tatishev and Kusto Group’s broader impact

Kusto Group’s ventures extend beyond business operations; the company actively supports cultural and social initiatives. The involvement of KazPetFood in promoting the Kazakh Tazy’s international recognition highlights this commitment.

Yerkin Tatishev has often emphasized the importance of preserving cultural heritage while pursuing economic progress. This approach has earned Kusto Group a reputation as a socially responsible organization that balances profit with purpose.

Looking Ahead

With the KazPetFood factory set to commence operations in 2026, Kusto Group continues to solidify its position as a trailblazer in Kazakhstan’s economic landscape. Under Yerkin Tatishev’s visionary leadership, the company remains dedicated to identifying and investing in opportunities that drive growth and create lasting value.

By venturing into the pet care industry, Kusto Group is not just meeting a market demand but also contributing to the well-being of pets and pet owners alike. As the factory gears up for production, all eyes will be on how this project transforms Kazakhstan’s role in the global pet care market.

Kusto Group’s story is one of innovation, growth, and unwavering commitment to the communities it serves. With initiatives like KazPetFood, Yerkin Tatishev and his team are setting new benchmarks for what’s possible in Kazakhstan and beyond.

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