A memorandum was signed at the MIID between the IDF and "ST Assemblies" LLP

K. Uskenbaev met with agricultural machinery manufacturers.

The head of the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan held a meeting with representatives of the companies CLAAS, HORSCH and Royal Ressing.

During the conversation, Kairbek Uskenbaev noted that the Kazakh side is interested in the further development of close cooperative ties. In this regard, MIID provides comprehensive support for the further implementation of the project for the production of agricultural machinery and localization.

At the end of the meeting, a memorandum was signed between Industrial Development Fund JSC and ST Assemblies LLP. This year it is planned to allocate 7 billion tenge for leasing financing of tractors and combines through the Federal Investment Fund. ST Assemblies propose a measure to fix the cost in order to ensure maximum availability of equipment to the end user.

A plant for the production of CLAAS agricultural machinery was launched last year on the territory of the Qyzyljar FEZ. Since the launch of the project, over 400 units of equipment have been produced. The total amount of products produced is 40.6 billion tenge. Today the enterprise employs about 40 people.

Source: Ministry of Industry and Construction of the Republic of Kazakhstan