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Astana, Kazakhstan • 17 October, 2022 | 08:26

How Much Will Turkiye Invest in Kazakh Agricultural Industry?

Seven months of this year saw a twofold increase in exports and imports between the two countries

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Turkish companies are planning to invest $200 million in the agricultural industry of Kazakhstan, QazMonitor reports citing Kazinform.

Minister of Agriculture Yerbol Karashukeev stated that the bilateral relations between the two countries reached a new level. “The exports and imports rose twofold during the first seven months of this year. Kazakh exports doubled, whereas imports from Turkiye were up by 60%,” said Karashukeev.

He continued that Turkiye is planning to implement several significant projects in Kazakhstan.

“Turkish investors intend to invest in our agricultural industry. Investments over $200 million worth is expected. Among the projects are leather processing and cultivating garden crops,” concluded the minister.

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