Kazakhstan can increase the income from meat exports 2 times
International Agro-Industrial Investment Forum is held in Astana
AgroInvest Forum 2017 was held in Astana. It is aimed at assisting Kazakhstani business in finding partners for joint implementation of projects in agriculture and food production.
The event was held with the participation of Nurzhan Altaev, Deputy Chairman of the Board of NCE RK "Atameken".
"The current state of the agrarian sector of Kazakhstan can be characterized as stably developing and having significant potential for further growth, ensuring the country's food security and fully satisfying the needs of the domestic market in basic types of food products and raw materials", - the Deputy Chairman of the National Chamber said.
Nurzhan Altaev also stressed that more than 40% of the total population lives in rural areas. At the same time, the agrarian sector forms about 5% of the gross domestic product.
"The domestic market of the republic is self-sufficient with the main types of agricultural products and has the potential for export deliveries. We have significant reserves to increase production volumes. Kazakhstan can occupy a serious niche in domestic and export markets, as a supplier of high-quality, natural and environmentally friendly products", - the speaker added.
It was also noted that when making the right decisions, the total export revenue from the sale of beef, poultry, mutton, fish and so on can be increased more than 2 times. Thus, Kazakhstan has a real opportunity to enter the top ten exporting countries of agro products to China and Russia.
"The current legislative base of the agrarian sector of the economy fully meets the requirements of a market economy and international practice and is aimed primarily at protecting and supporting the entrepreneurial initiative of commodity producers", - Nurzhan Altaev said.
In turn, the vice-minister of agriculture of RK Gulmira Isaeva spoke about the current state of investment in the country's agriculture.
"At the end of 2016, the volume of investment in agriculture was 253 billion tenge. This year we expect an increase of 3.5% or a total volume of 262 billion KZT. The volume of investment last year for food production amounted to 60 billion KZT, this year it is expected to grow by 5.2% to reach 66 billion KZT", - Gulmira Isayeva said.
The Vice Minister of Agriculture of the Republic of Kazakhstan added that in the first half of 2017 the volume of investment in agriculture amounted to 128 billion KZT. There is an increase of 13.4% compared to the same period last year. A special growth in investment was seen in the North-Kazakhstan and South-Kazakhstan regions. This shows that Kazakhstan has achieved positive results in the sphere of efficiency of state regulation and support of investors and is rightfully considered one of the leaders among the CIS countries in providing favorable conditions for investment activities. Within the framework of the Agro-Industrial Investment Forum, a number of important agreements and memorandums have been signed to attract investments in the agricultural sector of Kazakhstan in order to support its economic diversification.
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