U.S. BASS to invest $25 mln in seed production in Kazakhstan

KAZSEED, a joint venture between Singaporean investment holding company Kusto Group and U.S.-based seed service and research company Baumgartner Agriculture Science and Service (BASS), will be set up in Kazakhstan.

BASS will invest around $25 million in the production of seeds of forage crops with the use of the latest technologies in the first year.

Production of high-quality seeds will lead to an increase in yield of forage crops and significantly reduce prime costs for farmers and increase the profitability of crop production.

KAZSEED will supply farmers of Kazakhstan with quality, climate-adapted seeds. In future, BASS plans to export seeds to the Commonwealth of Independent States countries.