American “Valmont Industries” to launch a plant to produce advanced irrigation systems in Kazakhstan
The Prime Minister of the Republic of Kazakhstan Askar Mamin conducted negotiations with the President of Valmont Industries Stephen Kanevsky via videoconferencing.
The parties discussed the potential for cooperation and exchange of experience in the fields of cattle breeding, line breeding, seed production, drip and sprinkler irrigation, agricultural science and education.
Following the negotiations, an investment agreement was signed between the Ministry of Agriculture of the Republic of Kazakhstan, the Kazakh company Kusto Group and the American company Valmont Industries.
The document sets out the establishment in Kazakhstan of a network of model farms and construction of a plant to produce modern irrigation systems and crop yield management. The plant's capacity will be 1,000 Valley machines of frontal and pivot irrigation per year.
American irrigation technologies will increase the productivity of crop production and reduce water consumption in agriculture by 50-70%.
The formation of a network of model farms will ensure the transfer of advanced technologies in the field of irrigation, rational use of water resources, fodder production, education and training of farmers and training of qualified personnel.
Valmont Industries is a world leader in investment and management of water infrastructure, irrigated agriculture and production of irrigation systems. It was founded in 1946 and headquartered in Omaha, Nebraska, USA. The company's annual turnover exceeds $2.6 billion.
The Head of the Government outlined that the agro-industrial complex is one of the fastest growing sectors of the economy of the Republic of Kazakhstan. At the same time, according to the Food and Agriculture Organization under the United Nations (FAO), Kazakhstan is one of the five countries with the greatest potential in the field of agriculture.
“Following the results of 2020, agriculture has achieved a steady growth of 5.6% - the highest indicator in the industry over the past 6 years. The agro-industrial complex has become a key factor in control of inflation in Kazakhstan in the context of continuing disruptions to the global supply chains,” Askar Mamin said.
From the Kazakhstan side the negotiations were attended by First Deputy Prime Minister Alikhan Smailov, Minister of Agriculture Saparkhan Omarov, Minister of National Economy Ruslan Dalenov, Minister of Foreign Affairs - Mukhtar Tleuberdi, Ambassador of the Republic of Kazakhstan to the United States Erzhan Kazykhanov, the American side was represented by the Deputy US Ambassador Theodore Ling, President of Valmont Irrigation Lenny Adams and Vice President of Valmont Industries Joshua Dixon.