Valley to open production facility for irrigation machines in Kazakhstan with investment of $17 mlnThe international company Valmont Industries Inc. (United States, a manufacturer of products and services for infrastructure and agriculture; the Valley brand) will establish local production of irrigation machines in Kazakhstan, the Kazakh Agriculture Ministry said.According to a statement on the ministry's website, plans for production localization were discussed at a meeting between Agriculture Minister Aidarbek Saparov and the company's regional vice president for Eurasia and Latin America, Philipp Schmidt-Holtzmann.The project will be implemented in the Almaty region this year. JSC Imstalcon will act as the Kazakh partner. Total investment will amount to $17 million, with the enterprise's production capacity ranging from 300 to 500 irrigation machines per year.The launch of local production is expected to increase the availability of modern technologies for farmers and make a significant contribution to the rational use of water resources.Valmont Industries is a U.S. leader in the production of engineered support structures and mechanized irrigation systems.JSC Imstalcon is a Kazakh construction company specializing in the fabrication and installation of metal structures and the construction of industrial and civil facilities. (ICE ALMATY)

Fonte notizia: INTERFAX