Kazakhstan Eyes To Attract Chinese Investors For Agricultural Development
Kazakhstan Eyes To Attract Chinese Investors For Agricultural ... MENAFN.COM
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Kazakhstan Considers Attracting Chinese Investors for Agricultural Development
| (MENAFN– Trend News Agency) | ASTANA, Kazakhstan, August 12. |
Introduction
Kazakhstan is considering the possibility of attracting Chinese investors for the development of agriculture in the country, according to the Kazakh Deputy Prime Minister and Minister of Trade and Integration, Serik Zhumangarin. Zhumangarin announced his planned visit to Shenzhen, Jinan, Beijing, and Urumqi to study China’s experience in agricultural development.
Goal of the Visit
The primary goal of Zhumangarin’s visit is to attract investors for the agricultural development of Kazakhstan. He believes that China’s valuable expertise in water conservation technologies could greatly benefit Kazakhstan in terms of more efficient water resource utilization in agriculture.
Water Conservation Efforts
Zhumangarin emphasized that Kazakhstan has sufficient water resources but lacks sufficient efforts for its preservation. To address this, a roadmap project has been developed under the guidance of the Ministry of Agriculture for the efficient use of water in agriculture from 2023 to 2026. The project includes various measures such as creating reservoirs for collecting and storing meltwater, reconstructing and modernizing interstate channels, improving the system for accounting water from neighboring countries, implementing state support measures, diversifying cultivation areas, adopting modern water accounting systems and water-saving technologies.
Chinese Investments in Kazakhstan
Since 2005, Chinese investments in Kazakhstan have reached $23.2 billion, making China the fourth largest investor in the Kazakh economy after the Netherlands, the US, and Switzerland.
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SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 2: Zero Hunger | 2.4: By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems, that strengthen capacity for adaptation to climate change, extreme weather, drought, flooding, and other disasters, and that progressively improve land and soil quality. | – No specific indicators mentioned in the article. |
| SDG 6: Clean Water and Sanitation | 6.4: By 2030, substantially increase water-use efficiency across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity. | – Mention of Kazakhstan’s insufficient efforts for water preservation implies a need for improved water-use efficiency. – The roadmap project for the efficient use of water in agriculture for the period 2023-2026 can be used as an indicator of progress. |
| SDG 17: Partnerships for the Goals | 17.6: Enhance North-South, South-South, and triangular regional and international cooperation on and access to science, technology, and innovation and enhance knowledge sharing on mutually agreed terms, including through improved coordination among existing mechanisms, particularly at the United Nations level, and through a global technology facilitation mechanism. | – No specific indicators mentioned in the article. |
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Source: menafn.com
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