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Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US


Kazakhstan is working toward a more diversified economy.
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January 26, 2021
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The governments of Kazakhstan, Uzbekistan, and the United States have launched the Central Asia Investment Partnership under the umbrella of the C5+1 format, in order to promote private-sector growth and strengthen regional economic cooperation. The new initiative comes at a time when Kazakhstan is looking to diversify its economy to deal with the effects of the coronavirus pandemic and achieve its long-term goal of becoming one of the most developed nations by 2050.
The partnership, launched on January 7, is “designed to raise at least $1 billion over the next five years to support private-sector growth” according to a joint statement by the three governments, in order to advance private sector-led projects that “exemplify international standards for quality infrastructure and promote inclusive, transparent, and sustainable investments.” ....

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Valley Irrigation And Kusto Group Form Joint Venture To Establish Sustainable Agriculture In Central Asia Through Agreement With Government Of Kazakhstan


News
| January 12, 2021
Valley Irrigation And Kusto Group Form Joint Venture To Establish Sustainable Agriculture In Central Asia Through Agreement With Government Of Kazakhstan
OMAHA, NEB. & NUR-SULTAN, KAZAKHSTAN (BUSINESS WIRE)
® (NYSE: VMI) company, is advancing its collaboration with the Republic of Kazakhstan and announcing its joint venture with private holding company Kusto Group
®. The strategic, multi-year project will improve sustainability and resource conservation, introduce advanced farm technology to local farmers in the region, and serve as the foundation for making the country an agricultural hub in Central Asia.
Josh Dixon, Vice President & General Manager, International Irrigation for Valley, says:
“Kazakhstan has tremendous potential to be an agricultural leader in Central Asia. The government of Kazakhstan is looking to Valley to support implementation of precision agriculture best practices and cutti ....

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American Valmont Industries to launch plant for production of advanced irrigation systems in Kazakhstan


American Valmont Industries to launch plant for production of advanced irrigation systems in Kazakhstan
12 January 2021 20:47
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NUR-SULTAN. KAZINFORM - Prime Minister of the Republic of Kazakhstan Askar Mamin held a video conference meeting with the President of Valmont Industries Stephen Kanevsky.
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The parties discussed the prospects for cooperation and exchange of experience in the fields of animal husbandry, breeding, seed production, drip and sprinkler irrigation, agricultural science and education, primeminister.kz.
As a result of 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. ....

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