Import of sugar in Kyrgyzstan could be greatly reduced, the press service of the Kyrgyz Ministry of Economy reported. At least 183,200 tons of sugar beet have been harvested in Chui region in 2015. In 2016, this figure is to reach 450,000 tons.
“The country does not meet the needs of the population. The share of imports in the volume of domestic sugar market is 80-82%. To solve the problem, Kaindy-Kant JSC annually buys seeds from companies in Germany and France and sells them to private farmers. Purchase of sugar beet from the farmers is carried out on two types of agreement: in cash (3.4-3.5 thousand soms for 1 ton of beet) or in sugar (74-77 kg per 1 ton). Each district of Chui and Talas regions has collection points”, the Ministry of Economy noted.
“In 2015, Kaindy-Kant produced 24.1 thousand tons of sugar, or 20% of the total needs of the republic (about 120,000 tons). In 2016 the plant plans to produce nearly 60,600 tons of sugar. If we take into account that since the beginning of the year the company has produced 25,000 thousand tons of sugar cane, it will produce 85,600, or 71.3% of the total need of the population for the year. Then sugar imports from other countries to Kyrgyzstan will be reduced to 28.7%”, the ministry added. (24.kg/Business World Magazine)