EAEU Commission Approves Joint Project for Industrial Refrigeration Unit Production Involving Russia, Belarus, and Kazakhstan

The Board of the Eurasian Economic Commission has approved the sixth project under the EAEU industrial cooperation financing mechanism — joint production of industrial refrigeration units involving enterprises from Russia, Belarus, and Kazakhstan.

What the Project Involves

The initiative will be implemented by the Russian company ZAVOD GRADIENT LLC in partnership with Belarusian and Kazakhstani enterprises. The primary objective of the collaboration is to establish production of industrial refrigeration units in demand across various economic sectors.

Strategic Significance and Market Demand

According to Goar Barsегyan, Minister of Industry and Agro-Industrial Complex of the EAEU Commission, the approval of a project in the field of high-tech refrigeration equipment manufacturing is of great significance for the Union, as this sector is heavily dependent on imports. She noted that the EAEU domestic market continues to see high demand for equipment using natural refrigerants (CO₂) from major retailers, logistics centres, and food processing enterprises, and that implementing the new project will allow scaling up domestic production of industrial refrigeration equipment and promote import substitution in the Union's member states.

The EAEU Commission emphasises that the production of equipment using natural refrigerants meets current market requirements and contributes to the development of more environmentally safe technologies. Such products are in demand among major retail chains, logistics complexes, and food industry enterprises where efficient and reliable cooling systems are essential.

Context: The EAEU Cooperation Mechanism

According to the EAEU Commission, 23 applications for subsidies to implement joint projects have been received; six have already been approved, while the rest are at various stages of review. The EAEU Commission expects that the implementation of new cooperation projects will strengthen industrial collaboration among EAEU member states, increase the output of high-tech products, raise the level of import substitution, and create additional opportunities for the development of manufacturing enterprises in the Union's countries.

Source: inbusiness.kz, citing the Eurasian Economic Commission.