Kazakhstan to subsidize farming equipment loans

ASTANA. KAZINFORM Deputy Prime Minister - Agriculture Minister of Kazakhstan Umirzak Shukeyev visited on Saturday a number of scientific research institutes and the Kazakh National Agrarian University, the ministry's press service said.

One of the state policy tasks is to provide farm producers with an access to up-to-date and available agricultural equipment that is a key factor to gain high yield. These issues were debated at the Mechanization and Farm Electrification Institute.

Currently the institute has developed and produces above 70 units of directed-connected and motor-drawn tillage machinery. As stated there, the Government plans to subsidize rates of remuneration of agricultural equipment rental purchase loans, the press release reads.

New scientific projects and high technologies on the development of resource-saving technologies, selection of competitive sorts and breeds, forage production, fish rearing for sale and raw material processing were presented at the Kazakh crop research and farming institute.