Kazakhstan to specify the role and functions of socio-entrepreneurial corporations in support of agribusiness projects

Новость на Казах-зерно:

The Government of Kazakhstan prepares for the implementation of the Agribusiness 2020 Program, plans to make more specific the role and functions of the socio-entrepreneurial corporations (SECs) in support of projects of agribusiness, and introduce new norms of the presidential fitness tests, reported the IA “Kazakh-Zerno” with the reference to “Kazinform”.

On Tuesday, August 13, the Cabinet meeting discussed the problems of development of national agro-industrial complex.

Addressing the members of the Cabinet, Agriculture Minister Assylzhan Mamytbekov noted for the past 12 years the volume of gross output of agriculture increased fourfold and made 1.9 trillion tenge in 2012.

In addition, in his words, during this period crop production increased 3 times (from 325.7 billion to 981.2 billion tenge), livestock production grew almost 5 times (from 207.9 billion to 1.0 trillion tenge). In 2012 the proportion of livestock production exceeded the proportion of crop production and amounted to 50.6%.

Prime Minister of Kazakhstan Serik Akhmetov instructed the Agriculture Ministry to approve the master plan for the development of agriculture sector.

During the meeting the Ministry of Regional Development suggested altering the mechanisms of participation of the socio-entrepreneurial corporations (SECs) in agribusiness projects.

Noting that the concept of SECs development envisaged their gradual withdrawal from those programs where they suffer losses, Akhmetov instructed the governors to make proposals to the Government to ensure the break-even level of the SECs activity. He also instructed the Ministry of Regional Development and Ministry of Agriculture in cooperation with governors to specify the role and functions of the SECs in support of projects of agribusiness within the framework of the strategies for the development of SECs.

According to S. Akhmetov, more than a half of the socio-entrepreneurial corporations (SECs) involved in the creation of stabilization funds have proved to be unprofitable over the last six months.

“For this reason we need to think it over, invite financiers, reps of the law-enforcement agencies to explore this issues from the financial point of view, to make these corporations profitable,” S. Akhmetov elaborates.

As for the harvesting campaign, Agriculture Minister Mamytbekov said this year it won’t be a walk in the park. In his words, ripening of crops is being delayed due to wet weather. “We really hope that when the weather is settled, we will have minimal losses,” Mr. Mamytbekov said.

On Thursday, August 15, the Ministry of Education and Science of Kazakhstan signed a contract with the U.S. Civilian Research and Development Foundation CRDF Global.

The new contract will help provide technical expertise in commercializing technologies, building local innovation and investment ecosystems, and developing a new technology commercialization center in Kazakhstan.

The Kazakh Agency for Sports Affairs and Physical Culture held a solemn meeting on the occasion of the Sports Day in Kazakhstan the same day. The head of the Agency Yerlan Kozhagapanov told those present that Kazakhstan will start the construction of 15 sports and health centers in 2014.

“Currently, two sports and health centers are being built in the regions of the country at the expense of local budget and investments. The Agency, in its turn, plans to start the construction of 15 complexes in 2014. The funds will be allocated from the republican (70%) and local (30%) budget,” he noted.

According to Mr. Kozhagapanov, construction of sport complexes across Kazakhstan is in line with instruction of President Nursultan Nazarbayev aimed at healthier nation.

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