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Kazakhstan in the next three years plans to invest in the development of agriculture about $300 million a year
The President of Kazakhstan Nursultan Nazarbayev considers necessary to realize the full potential of agriculture.
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"I instruct the government in the next three years for this purpose (the development of agriculture — Interfax) and science to provide not less than 100 billion tenge (more than $272 million at the current exchange rate — if) annually. The main task — to increase labor productivity. Exports of processed agricultural products 2.5-fold increase by 2022," — said the President of Kazakhstan Nursultan Nazarbayev, addressing with the annual message to the nation in Astana on Friday.

According to him, the agricultural sector needs to attract modern technology. The President stressed that Kazakhstan for the development of the agricultural sector are all conditions, enough land and specialists. "We must use the best practices of management of the industry by implementing flexible, comfortable standards, the involvement of the "gray heads" so-called successful foreign specialists in the field of agriculture", — said N. Nazarbayev.

As reported, the agricultural production in Kazakhstan in 2017 in monetary terms amounted to 4,097 trillion tenge, which is 2.9% higher than in 2016. Livestock produced 1.8 trillion tenge (growth by 3.9%), plant production — 2,278 trillion billion tenge (growth by 2.2%).

According to the agriculture Ministry, as of August 22, in the register of third countries (with the exception of the registry EEU) included 178 Kazakhstani companies have the right to export agricultural products. Including 160 enterprises were allowed to export to China various kinds of agricultural products. According to the results of the inspection from the PRC is expected to enable them a further 45 businesses.

It was also reported that investments in the agricultural sector of Kazakhstan in the first quarter of 2018, totaled $136 million, which is 25% higher than the same period last year. According to the agriculture Ministry, in General, over the last five years the agricultural sector has attracted investments in the amount of $4.4 billion.

The official exchange rate for October 5 — 367,2 tenge/$1.

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Translated by service "Yandex.Translation"
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