Kazakhstan Eyes To Attract Chinese Investors For Agricultural Development
Date
8/12/2023 7:51:01 PM
(MENAFN- Trend News Agency) ASTANA, Kazakhstan, August 12. Kazakhstan
considers the possibility to attract Chinese investors for the
development of agriculture in the country, the Kazakh Deputy Prime
Minister, Minister of Trade and Integration Serik Zhumangarin said
on Facebook, trend reports.
Zhumangarin announced his planned visit to Shenzhen, Jinan,
Beijing, and Urumqi to study the neighboring country's
experience.
According to him, the primary goal of this visit is to attract
investors for agricultural development of Kazakhstan.
The official emphasized China's valuable expertise in water
conservation technologies, which could be highly beneficial for
Kazakhstan in terms of more efficient water resource utilization in
agriculture.
The minister also noted that Kazakhstan has sufficient water but
lacks sufficient efforts for its preservation.
He also shared his plans to discuss various matters with the
head of the Union of Agrarian Scientists of Kazakhstan. Under the
guidance of the Ministry of Agriculture, a roadmap project has
already been developed for the efficient use of water in
agriculture for the period 2023-2026.
The document encompasses numerous projects, such as creating
reservoirs for collecting and storing meltwater, reconstructing and
modernizing interstate channels in Kazakhstan, improving the system
for accounting water from neighboring countries, implementing state
support measures, diversifying cultivation areas, adopting modern
water accounting systems and water-saving technologies, as well as
other measures.
Since 2005, the gross inflow of Chinese investments in
Kazakhstan has reached $23.2 billion, making China the fourth
largest investor in the Kazakh economy after the Netherlands, the
US, and Switzerland.
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