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More agricultural projects in Kazakhstan to receive support

Business Materials 7 August 2019 17:19 (UTC +04:00)

Baku, Azerbaijan, August 7

By Nargiz Sadikhova – Trend:

Kazakh Invest company emphasized the importance to support important projects and stated readiness to provide comprehensive support, Trend reports with reference to the press office of the company.

This became known during the working trip of the Prime Minister of the Republic of Kazakhstan Askar Mamin to Akmola region, where the CEO of Kazakh Invest Baurzhan Sartbayev held a number of meetings with representatives of local businesses in agriculture.

Thus, during the meeting with the CEO of Sunshine Agro Zinulla Kaziyev, Sartbayev reviewed the project involving construction of an oil extraction plant with a capacity of 1,000 tons per day.

“The project with the prospects of cluster development in agriculture is very important for us, as it results in technology transfer, increased competence of local population and quality of local products,” said Sartbaev.

In turn, the Head of Sunshine Agro Zinulla Kaziyev noted the importance of attracting investors introducing new technologies in production processes.

“Cooperation with a foreign investor will open up new opportunities for our products to enter foreign markets. In our case, cooperation with foreign investors gives us an opportunity to work with new equipment and use latest technologies,” he added.

During the meeting with the Executive Director of Kazakhstan Agro-Innovation Corporation Chingiz Abishev, Sartbayev reviewed the activities of Kazakhstan-Belarus industrial and technological park in the region.

“We have signed an agreement on mutual cooperation with American company Amity Technology. In addition, we entered into a license agreement on assembly of Amity sowing complexes in Kazakhstan. I believe that production of this modern equipment in our country will significantly improve production in agriculture and competence of local entrepreneurs,” - said Chingiz Abishev.

In turn, Sartbayev emphasized the importance to support such important projects.

“I believe that there is need to expand localization of production. In this regard, Kazakh Invest is ready to provide comprehensive support, including in cooperation with financial institutions in order to finance this important project,” he concluded.

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