Kazakhstan: Agricultural production doubles in Kazakhstan over five years
Agricultural production has doubled in Kazakhstan over the last five years, Kazakh media quoted the country’s Agriculture Minister Asylzhan Mamytbekov as saying last Friday at the conference “Food Security of Kazakhstan: Development of Agriculture Production and Business”.
In Mamytbekov’s words, agricultural exports during the past five years have grown 1.6-fold, up to US $3 billion.
“Investments in fixed capital [in agriculture] have reached $1 billion, a more than 16-percent growth. It is the highest growth among the economic sectors. Today entrepreneurs are interested in doing business in agriculture,” the minister said.
The minister emphasized the necessity of effective use of land resources in Kazakhstan. In his words, only 25 million hectares of the country’s total 35 million hectares of arable land are used in Kazakhstan today, and the average wheat yield of 1,140 kilograms per hectare is considered to be a low harvest.
In other news, a Kazakh Parliament member, Rauan Shayekin, told a media briefing last Friday that the government will allocate 500 billion tenge (around $2.7 billion) to finance agro-industrial enterprises in Kazakhstan.
"As part of this program, government financing covered 292 entities and amounted to 312 billion tenge. Following the head of state’s instruction, the amount will be increased to 500 billion tenge," Shayekin said.
In his words, the "Agribusiness 2020" program of agricultural development for 2013-2020 was approved in 2012 and includes all types of government support. In February President Nursultan Nazarbayev instructed the Government to continue implementing this program as part of Kazakhstan’s anti-crisis measures, and to increase the funding of agribusiness entities.
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