Transnational companies invest in Kazakhstan

Mr. Sagintayev, the Prime Minister of the Republic of Kazakhstan, Mr. Shukeyev, the Deputy Prime Minister - the Minister of Agriculture of the Republic of Kazakhstan, representatives of state and local executive bodies, domestic and foreign investors (Farm Frites Beheer BV, Grand Farm Meats, Hyundai Corporation, etc.), industry unions and associations, agricultural producers have participated in the Round table.
The Agricultural sector is among the priority sectors in Kazakhstan. In the Address of the Head of State to the people of Kazakhstan, the AIC is tasked to 2.5 times increase productivity and export of processed products. Presence of significant resources and growth reserves provides an opportunity for Kazakhstan to become one of the World's largest producers, and an exporter of agricultural products, and investments play an important role in the implementation of this goal.
Today, such multinational companies as: AGCO - USA, Dunbia - Ireland, Inalca - Italy, CLASS - Germany and Hyundai - South Korea have already entered Kazakhstan and started implementing projects. The influx of investment in the agricultural sector increased by 14%.
During the Round table investors have presented their projects on a construction of plants for a French fries production, Agricultural tractors production, Agricultural machinery assembly, also creation a modern plant for sugar production, and construction of the Agropark greenhouse in the Turkestan and Zhambyl regions.
The Kazakh side noted that being the main source of income for almost half of the country's population, the agro-industrial complex development is of a great economic and social importance. At the same time, it is especially important to attract foreign direct investment and create joint ventures in agriculture on a mutually beneficial basis.
Kazakhstan is interested and ready to provide full support to foreign investors who are interested in promoting Kazakhstani agricultural products and products of its processing, who would attract modern technologies in the production, management and marketing processes.
As a conclusion of the Round table, Investors and Regional akimats decided to sign the Road Maps for the future fuitful cooperation.

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