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Kazakhstan - The agro-industrial complex received more than 100 mln USD of investments

In January-March of 2018, the agrarian sector of Kazakhstan attracted 136 mln USD of investments, an increase of 25% compared with the same period last year, declared the Deputy Prime Minister, Minister of Agriculture of Kazakhstan, Umirzak Shukeyev on July 3.

According to him, the agro-industrial complex of Kazakhstan has wide opportunities. To date, agrarians are working to increase the country’s export potential, in particular the supply of meat products. So, the authorities removed the barriers on the supply of animal products in Iran, Saudi Arabia, and the United Arab Emirates. Generally, in the reporting period the exports of agricultural products increased by 47%, and the exports of by-products — up 26%.

In addition, in 2017 the agricultural supplies to China increased from 134.5 mln USD to 180.6 mln USD (up 34.3%). Thus, Kazakhstan usually supplies wheat, wheat bran, soybeans, alfalfa, rapeseed meal, flour, vegetable oils, frozen beef, etc. on the Chinese market.

Source – https://www.apk-inform.com