Germany and Kazakhstan discussed investments in the dairy sector of the Republic of Kazakhstan in Berlin, at GFFA
Source: The DairyNews
The prospects for investors in the agricultural sector of Kazakhstan were discussed with representatives of politics and agriculture in Berlin during the Global Forum for Food and Agriculture (GFFA). This was reported by The DairyNews with reference to the social networks of Olga Hunger, regional director for Eastern Europe at DLG.
“Milk production, water-saving technologies and increasing the depth of processing of agricultural raw materials are very popular,” noted Olga Hunger.
“Bilateral economic relations between Germany and Kazakhstan are supported at the highest governmental level,” Ambassador of the Republic of Kazakhstan to Germany Nurlan Onzhanov said at the meeting.
“Digitalization, updating technical equipment and expanding the processing of agricultural raw materials are the three most important tasks of agricultural policy in Kazakhstan,” noted Vice Minister of Agriculture of the Republic of Kazakhstan Erlan Taszhurekov.
One of the priority tasks is to increase the import independence of milk, notes Olga Hunger. Kazakhstan's dairy farmers are provided with government subsidies amounting to about 200 million euros to stimulate milk production. Thanks to this support, 65 dairy farms were created. Subsidies are paid, among other things, to reimburse interest.
“This makes it possible to obtain investment loans at 2.5% instead of >20% per annum. By 2025, another 50 dairy farms (at least 400 dairy cows) should appear,” says DLG regional director for Eastern Europe. And he adds that when investing in the processing of agricultural products, including milk, the state can reimburse up to 50% of investment costs.
According to Olga Hunger, the meeting was organized by the Ministry of Agriculture of the Republic of Kazakhstan and the Embassy of the Republic of Kazakhstan in Berlin, as well as the German-Kazakh dialogue on agricultural policy with the support of DLG eV - the German Agricultural Society and the German Agribusiness Alliance.
Photo: Olga Hunger’s social networks
“Bilateral economic relations between Germany and Kazakhstan are supported at the highest governmental level,” Ambassador of the Republic of Kazakhstan to Germany Nurlan Onzhanov said at the meeting.
“Digitalization, updating technical equipment and expanding the processing of agricultural raw materials are the three most important tasks of agricultural policy in Kazakhstan,” noted Vice Minister of Agriculture of the Republic of Kazakhstan Erlan Taszhurekov.
One of the priority tasks is to increase the import independence of milk, notes Olga Hunger. Kazakhstan's dairy farmers are provided with government subsidies amounting to about 200 million euros to stimulate milk production. Thanks to this support, 65 dairy farms were created. Subsidies are paid, among other things, to reimburse interest.
“This makes it possible to obtain investment loans at 2.5% instead of >20% per annum. By 2025, another 50 dairy farms (at least 400 dairy cows) should appear,” says DLG regional director for Eastern Europe. And he adds that when investing in the processing of agricultural products, including milk, the state can reimburse up to 50% of investment costs.
According to Olga Hunger, the meeting was organized by the Ministry of Agriculture of the Republic of Kazakhstan and the Embassy of the Republic of Kazakhstan in Berlin, as well as the German-Kazakh dialogue on agricultural policy with the support of DLG eV - the German Agricultural Society and the German Agribusiness Alliance.
Photo: Olga Hunger’s social networks
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