The Deputy Minister of Agriculture of Kazakhstan, Erbol Taszhurekov spoke about the prospects for expanding cooperation between agricultural producers in Kazakhstan and Germany during the round table event, Development of the agricultural sector of Kazakhstan: opportunities for investors, on January 19th. The meeting of representatives of agribusinesses from the two countries took place within the framework of the World Forum on Food and Agriculture and the Green Week exhibition, which is currently taking place in Berlin, the Ministry of Agriculture of Kazakhstan reported.
In his remarks, Taszhurekov pointed out that there is significant unrealized potential for the building of bilateral partnerships in the agricultural sector, and proposed intensifying contacts between ministries, industry associations, and agricultural producers of Kazakhstan and Germany. Taszhurekov named land resources and human capital among the key factors in the investment attractiveness of Kazakhstan’s agro-industrial sector.
The Kazakh side also indicated their interest in developing joint projects in the deep processing of grain, processing of oilseeds, potatoes, sugar beets, fruits and vegetables, meat and milk, as well as in fish farming and baby food production.
According to the National Bank of Kazakhstan, as of the end of 2023 the gross inflow of foreign direct investment in Kazakhstan’s agriculture amounted to $39.9 million.
