Kazakhstan is currently exploring the possibility of engaging Chinese investors to bolster the growth and development of its agriculture sector, as per to a statement made by Kazakh Deputy Prime Minister and Minister of Trade and Integration, Serik Zhumangarin. The announcement, shared via Facebook, highlights Kazakhstan's intention to tap into China's experience and expertise in agriculture and water conservation technologies, Trend reported.
Zhumangarin disclosed plans for an upcoming visit to various Chinese cities including Shenzhen, Jinan, Beijing, and Urumqi, aimed at studying China's successful agricultural practices and identifying areas of collaboration. The primary objective of this visit is to attract Chinese investors who could play a pivotal role in the agricultural advancement of Kazakhstan.
One of the standout aspects of China's expertise that Zhumangarin emphasised is its proficiency in water conservation technologies. Given Kazakhstan's ambitions for more effective utilisation of water resources in its agriculture sector, the knowledge-sharing and potential partnerships with China in this realm are expected to be highly beneficial.
The Deputy Prime Minister underscored the fact that Kazakhstan possesses an adequate water supply but has faced challenges in preserving it. The intent of the upcoming visit is to bridge this gap and learn from China's experience in optimising water resource management in agricultural contexts.
As part of the planned discussions, Zhumangarin intends to engage with the head of the Union of Agrarian Scientists of Kazakhstan, thereby leveraging local expertise to align with international best practices. The Kazakh Ministry of Agriculture has already laid the groundwork for a roadmap project spanning 2023 to 2026, focusing on efficient water usage in agriculture.
This comprehensive document outlines various initiatives, including the establishment of reservoirs for collecting and storing meltwater, modernising interstate channels, enhancing water accounting systems, adopting state-of-the-art water-saving technologies, and diversifying cultivation areas. These measures collectively aim to enhance agricultural productivity while concurrently addressing water resource challenges.
China has been a significant partner in Kazakhstan's economic landscape, particularly in terms of foreign investment. Since 2005, Chinese investments in Kazakhstan have amounted to an impressive $23.2 bn. This financial involvement has positioned China as the fourth-largest investor in the Kazakh economy, following the Netherlands, the United States, and Switzerland.
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