Investment in the meat processing industry is a factor in the competitiveness of the agricultural sector in Kazakhstan

Abstract

This article shows the main directions of agricultural policy in the field of investment to develop the
meat-processing complex in Kazakhstan. Currently, the country’s meat processing industry does not sufficiently
provide the domestic market for certain food products due to low productivity, high production costs, and
imperfections in the legal framework for forming vertically integrated structures, including cooperatives.
Unfortunately, the country’s agricultural sector does not fully utilize its investment potential, there are few joint
interregional investment projects in the livestock sector, a favorable environment has not been created to attract
domestic and foreign investment, and a low share of investment in infrastructure development and innovative
enterprises in the sector under study. In market conditions, the competitiveness of agricultural products,
including livestock, becomes crucial. It is emphasized that the introduction of cooperation of economic entities
into the practice of agro-industrial production will increase the production of competitive and environmentally
friendly products and increase the profitability of small businesses. The solution of these tasks will help to
increase the competitiveness of agricultural products, including livestock, and thus ensure a stable position of
agricultural producers in the agricultural markets of the EAEU countries and abroad.