The private equity fund Falah Growth Fund has completed a deal of poultry farm acquisition in Karaganda region producing eggs under Zarechnoye trademark.

Karagandy Kus LLP is a large enterprise located in Bukhar-Zhyrau district of Karaganda Region employing 70 people. In the future it is planned to increase a number of jobs up to 130 people, so this will have a beneficial effect on the region’s economy. The Fund’s resources were allocated for the poultry farm purchase, working capital replenishment as well as purchase of poultry and high-quality balanced feed. The Fund plans to modernize the farm and expand the production and to produce natural and organic product free of GMO and antibiotics, and also to attract top-ranked specialists in the poultry farming field.

The poultry farm has a great potential, and by March 2018 it will reach its full production capacity of 150 million eggs per year. The products will be packaged in high-quality cardboard eco-packages, so that eggs will be stored for longer and will not lose their wholesome properties.

In the nearest future, the poultry farm production will be widely represented in the markets of Karaganda, Astana, Almaty, and further it is planned to sell the products in the northern and southern regions of Kazakhstan. In addition to the domestic market, poultry farm products are expected to export to Kyrgyzstan, Tajikistan and Afghanistan, and soon the products will be supplied to the UAE market.

Dauletkhan Kilybayev, CIO of Falah Growth Fund: “We target Karagandy Kus poultry farm to reach the full production capacity in the next few months, produce high-quality products meeting the best international standards and Halal certification requirements, train key personnel on the best poultry farms of the region, and the most important thing is that we will start exporting the eggs to the near and far abroad countries.”