Agricultural investments on rise in Kazakhstan

Agricultural investments on rise in Kazakhstan

The volume of investments in agriculture is growing in Kazakhstan. The Turkistan region ranks among the leaders in this indicator. A total of 150 billion tenge has been invested in the agro-industrial complex. The region is constructing one of the largest greenhouses in the country, with plans also in place to build cotton-processing plants. Meanwhile, farmers in the region are supplying the domestic market with vegetables and melons. The region also leads the country in meat exports, producing 80 percent of beef and 75 percent of lamb exported abroad.

«A large investment project with a full production cycle - from raw materials to finished products - is being implemented. The project is valued at 180 billion tenge. The construction of a textile factory has already begun. Additionally, a pipe manufacturing plant is being constructed on 50 hectares of land,» noted Yermukhammed Kuralbekov, deputy head of the Agriculture Department of the Turkistan region.

The Zhambyl region also shows good performance. This year, 16 large-scale projects are being implemented in the region, aimed at developing its agro-industrial complex. The total investment amounts to 14.5 billion tenge. These projects include the creation of a fish farm, an increase in safflower oil production, and the launch of an apple juice production facility. New state credit programs in sectors such as poultry farming also contribute to the start of new projects. Over the next four years, 36 projects worth more than 245 billion tenge are planned to be implemented in the sector.

«Two tractor assembly projects worth five billion tenge are being implemented in the Zhambyl region. The launch of these enterprises will provide farmers with affordable agricultural machinery, thereby boosting labor productivity in the industry. Additionally, the construction of a corn deep processing plant has begun in the region jointly with the Chinese company Fufeng Group. A total of 173 billion tenge will be invested in the production. Next year, 50 billion tenge in investments are expected to be attracted to the agro-industrial complex,» said Zhambyl region governor Yerbol Karashukeyev.