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Central Asia Kazakhstan Monitoring

US-based Valmont Industries, Kazakh Kusto Group launch an agro-industrial joint venture

Prime Minister Askar Mamin on July 10 took part in the signing of documents between the Government of Kazakhstan and American companies on cooperation in the field of agriculture.

Minister of Agriculture of Kazakhstan Saparkhan Omarov and Steve Kaniewski, President and CEO of Valmont Industries, a leading producer and distributor of products and services for the infrastructure and agricultural markets, signed the Memorandum of Understanding on the Joint Implementation of Projects in the Field of Irrigation of Land.

The project aims to create a network of farms for transferring advanced technologies in the field of irrigation, rational use of water resources, feed production, education and training of farmers and the training of qualified personnel. Demonstration sites where modern irrigation installations will be presented are planned to be created in Kazakhstan’s Akmola and Turkistan regions.

Another agreement was signed between Valmont Industries, Global Beef (USA) and Kusto Group (Kazakhstan) to create a joint venture to build a plant in Kazakhstan for the production of modern irrigation plants with a capacity of at least 1,000 systems per year, with an investment of $50 million.

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