News

Kazakhstan’s agricultural industry shows positive growth despite pandemic

Kazakhstan
Published Feb 26, 2021

Tridge summary

NUR-SULTAN – Kazakhstan is experiencing a positive growth trend in the agricultural industry, according to the reports available on the Prime Minister’s website on Primeminister.kz. Based on the preliminary results of 2020, the gross agricultural production increased by 5.6 percent and reached 6.3 trillion tenge (US$15 billion). The growth is mostly due to an increase in crop production of about 7.8 percent.

Original content

The gross livestock production increased by 3 percent and amounted to 2.6 trillion tenge (US$6 billion). Investments in agriculture increased by 15 percent and amounted to 573.2 billion tenge (US$1.1 billion). Food production increased by 13.5 percent and amounted to 104 billion tenge (US$250 million). Crop production remains one of the priority areas. In this light, the Kazakh Ministry of Agriculture intends to create ecosystems for crop production and agricultural processing as part of the state program. This allows local producers to participate in export pricing of final goods and have more opportunities for the production and deep processing of grain, seed oil, fruit and sugar production. The vertical cooperation will be implemented to enlarge farms, ensure material, technical infrastructure and sustainable sales. The grain production and processing ecosystem will be further developed in the Taiynshinski district of the North Kazakhstan region. The main advantages of the ...
Source: Astanatimes
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