Kazakhstan & France will create joint venture producing drip irrigation systems

ASTANA. KAZINFORM - Memorandum on establishing a joint venture for the production and installation of drip irrigation systems has been made between "KazAgro" holding, the French company Irrifrance and "Kazakhstan Engineering" National Company" JSC.

"Following the negotiations, the parties agreed to establish a joint Kazakh-French manufacturing business in Kazakhstan on the production of modern irrigation systems and equipment for agricultural sector of our country", the press-service of "KazAgro" reports. Recall that in order to attract foreign direct investment to develop business units in agricultural sector of Kazakhstan "KazAgro" national holding works to find the leading foreign manufacturers of agricultural products and Kazakh partner to organize production in Kazakhstan.