ASTANA, Kazakhstan, July 17. At a meeting of the economic growth headquarters, Minister of National Economy Serik Zhumangarin reported that domestic manufacturers are currently supplying up to 90 percent of the demand for tractors and combine harvesters, thanks to the preferential leasing program, Trend reports.
According to Zhumangarin, last year Kazakhstan welcomed the entry of Finnish company SAMPO, Chinese ZOOMLION, and US-based John Deere, all of which are now strengthening their presence in the country. He also underscored that agricultural machinery manufacturing accounts for about 6 percent of Kazakhstan’s overall machinery industry.
At the end of the meeting, Deputy Prime Minister Serik Zhumangarin instructed that a full range of necessary measures be implemented to maintain stable growth rates in the machinery manufacturing sector - one of the key areas of the country's processing industry and a vital driver of technological development.
In the first half of the year, Kazakhstan produced approximately 4,000 tractors (a 39.3 percent increase) and 441 grain harvesters (a 64.6 percent increase). The annual production plan envisions the release of over 10,000 units of agricultural machinery – 27 percent more than last year’s figures.
