Kazakhstan and John Deere will expand agricultural machinery production: a strategic agreement worth $2.5 billion has been signed

During the official visit of the President of Kazakhstan to the United States of America, a Strategic Agreement on the creation and development of industrial cooperation in the field of agricultural machinery manufacturing was signed. The document was concluded between the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan, JSC "NUH "Baiterек", JSC "AgromashHolding KZ" and Eurasia Group AG on the Kazakh side, and the company John Deere Walldorf International GmbH on the American side. The agreement is aimed at expanding the production of John Deere agricultural machinery in Kazakhstan, developing the service network and parts supply system, introducing digital technologies, and training engineering and technical specialists. The total volume of cooperation for the next five years is estimated at 2.5 billion US dollars. Minister of Industry and Infrastructure Development Yersayin Nagaspaev noted that the agreement will open up new opportunities for ...