As the 9th largest country in the world by area and one of the smallest by population, Kazakhstan is ripe with potential for North American farm equipment manufacturers.
Shortly after Claas inaugurated a new production facility for combine harvesters in Kazakhstan, the company announced a fresh round of investment to expand capacity at its established plant in Russia.
According to the agreements, the joint venture CT Assembly LLP undertakes to gradually establish within five years the industrial assembly of Claas and Horsch agricultural machinery at the production site in Petropavlovsk.
A technology partnership with Kazakhstan manufacturer Agromash Holding will result in Deutz-Fahr tractors and combines being built in the country with a progressive increase in local content.
As part of efforts to modernize agriculture in the central Asian republic of Kazakhstan, the government has attracted investment in local machinery assembly from European manufacturers Claas and Poettinger and the Russian producer of Kirovets high horsepower tractors.
Kazakh prime minister Askar Mamin oversaw the signing of an agreement with Valmont Industries on Dec. 9 during his working visit to the U.S., which will have Valmont invest in a new plant to produce irrigation systems in Kazakhstan.
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