Development of export potential of processed agricultural products
Kazakhstan intends to increase the share of foreign trade of processed products in total exports of agro-industrial complex products to 70 percent. This figure is now almost half lower. In order to achieve this goal, the country is implementing export-oriented agricultural projects. Thus, last year a number of manufacturing facilities for the processing of meat, milk, oilseeds and wheat, as well as for the production of pasta and cereals were put into operation in the country. The Agriculture Ministry noted that the number of such industries will only grow every year.
“By 2025, Kazakhstan plans to implement a number of new investment projects in the agro-industrial complex, including the commissioning of new enterprises and modernization of existing ones. These include 24 meat processing plants, 20 milk processing plants, two sugar production enterprises, one fruit and vegetable processing plant, and one deep grain processing enterprise,” said Meirman Zhumagulov, a spokesperson of Kazakh Agriculture Ministry.
As for investment projects in the agricultural sector, 934 such enterprises are scheduled to be launched by 2025. While more than 280 such enterprises were launched last year, slightly over 300 are expected to be started this year.
“A total of about 100 agro-processing plants are currently in the pool of investment projects. Their implementation will have a positive impact on Kazakhstan’s economy, increase exports of processed products, and reduce dependence on imported goods,” opined Zhumagulov.
Translation by Assem Zhanmukhanova
Editing by Saule Mukhamejanova