BAKU, Azerbaijan, Jan. 13
By Nargiz Sadikhova - Trend:
Kazakhstan’s Ministry of Agriculture, the Kazakh Kusto Group company and the US Valmont Industries company have signed a trilateral investments agreement for construction of a new plant in Kazakhstan, Trend reports citing the press office of the government.
The agreement was signed during an online meeting between Prime Minister of Kazakhstan Askar Mamin and the President of Valmont Industries Stephen Kanevsky.
Within the framework of the meeting the parties discussed the prospects for cooperation and exchange of experience in the fields of animal husbandry, breeding, seed production, drip and sprinkler irrigation, agricultural science and education.
Thus, the signed document provides for the creation of a network of demonstration farms and the construction of a plant for the production of advanced irrigation systems and crop yield management in Kazakhstan.
The plant's capacity will be 1,000 Valley frontal and pivot irrigation machines per year. The use of US technologies of irrigation is expected increase the productivity of crop production and reduce water consumption in agriculture by 50-70 percent.
The formation of a network of demonstration farms will ensure the transfer of advanced technologies in the field of irrigation, rational use of water resources, fodder production, education and training of farmers and training of qualified personnel.
Valmont Industries is a world leader in investment and management of water infrastructure, irrigated agriculture and the production of irrigation systems. The company was founded in 1946 and headquartered in Omaha, Nebraska (US). The company's annual turnover exceeds $2.6 billion.
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