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    Kazakhstan

    Kazakhstan's Mangystau region set to flourish: $4.2 mn investment fuels agricultural sector growth

    Kazakhstan's Mangystau region set to flourish: $4.2 mn investment fuels agricultural sector growth

    The Mangystau Region in Kazakhstan is gearing up for significant growth in its agricultural sector with the launch of seven farming projects this year. Kazakh Deputy Minister of Agriculture, Yerbol Taszhurekov, announced the plans during a recent working trip to the region, as reported by Astana Times citing the Central Communications Service on July 29.

    Photo: Kazakh Deputy Minister of Agriculture,Yerbol Taszhurekov visiting agricultural enterprises in the Mangystau Region
    Source: Central Communications Service

    The total investment for these seven agricultural projects is estimated to be around $4.2 mn. This major boost in funding aims to enhance the region's agro-industrial complex and accelerate its agricultural development. It reflects the government's commitment to driving economic growth in the agricultural sector and furthering the nation's self-sufficiency in food production.

    In 2022, the Mangystau Region had already witnessed the introduction of three investment projects valued at $4.9 mn in the agro-industrial complex. The success and progress seen with these projects likely contributed to the decision to continue investing in the region's agricultural infrastructure and capabilities.

    During his visit to the region's agricultural enterprises, Taszhurekov emphasized the importance of constructing and modernizing vegetable storage facilities. The goal is to create storage capacity for an impressive 528,800 tons of agricultural products by the year 2025. This initiative aligns with Kazakhstan's broader vision of increasing its agricultural productivity and export potential.

    One of the projects drawing attention is the wholesale distribution center currently under construction in Aktau, which is set to open next year. With a substantial investment of $7.8 mn, the center will have the capacity to store up to 29,000 tons of vegetables and fruits. Such modern facilities are expected to significantly enhance the region's capacity to store, preserve, and distribute fresh produce, ultimately benefiting both farmers and consumers.

    The region is also making strides in livestock farming, with plans to launch a dairy camel farm in the Tupkaragan district next year. This ambitious project aims to produce 2,800 tons of shubat, a fermented camel milk product, annually for domestic consumption. This move demonstrates the region's commitment to diversifying its agricultural output and exploring new opportunities in the livestock sector.

    Moreover, Deputy Minister Taszhurekov highlighted efforts to reclaim unused agricultural land for further development. Since 2022, nearly 7.4 mn hectares of such land have been successfully returned to the state, including 491,600 hectares in the Mangystau Region alone. These reclaimed areas will be reallocated by the local administration to address the grazing land needs in rural areas, fostering a more sustainable and efficient use of available resources.

    The launch of these agricultural projects and the ongoing commitment to improving the agro-industrial complex in the Mangystau Region is expected to have a positive impact on the region's economy and contribute significantly to the nation's overall agricultural development. As Kazakhstan continues to invest in its agricultural sector, it positions itself for enhanced food security and economic growth in the coming years.

     

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    01.08.2023, 22:30   Comments (0)   812
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