Project Name: instant noodle factory.
Foreign participation: CG Crop (Nepal)
Project Cost: 15 million US dollars
Number of jobs:
General information: In the Kazygurt district of Turkestan region, CG Foods launched the world-wide instant noodle factory Wai-wai, which is widely known in India, Europe, China, as well as in other countries. Of Asia.
The project, which was launched in 2018 with the support of NK KAZAKH INVEST JSC and local executive bodies, is successfully completing the first stage of investments to modernize the plant and is starting full-fledged work.
According to the owner of the company, Binod Chaudhary, the company is currently making plans to export the produced noodles and intends to develop the markets of neighboring countries. In addition, the company considers Kazakhstan as the entrance gate to Central Asia. Starting with the instant noodles production project, CG Foods has big plans for implementing new investment projects in other business sectors on the Kazakhstan market. Binod Chowdhari hopes that Kazakhstanis will appreciate the high quality of the produced noodles and after some time wai-wai noodles will be in the kitchen of every home. The investor also noted the favorable investment climate of Kazakhstan for doing business and expressed gratitude to employees of state bodies for their active support of the investment project.
REFERENCE: CG Crop is a transnational conglomerate which includes about 140 companies around the world that operate in industries such as financial services, hospitality, consumer goods, food, education, energy, real estate, consumer electronics, biotechnology, alternative medicine, etc. The headquarters of the group is in Nepal.