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Project Description
Acting Chairman of the Board of JSC “NC KAZAKH INVEST” Aibol Argyngazinov held a meeting with First Deputy Director of Harvest Agro Holding Almaz Maralov, following which the parties signed a Memorandum of Understanding. The document is aimed at supporting the implementation of an investment project to establish the “Harvest” agro-industrial cluster. The project covers Zhambyl, Almaty, Zhetysu, Turkestan, Pavlodar, Kyzylorda and East Kazakhstan regions. At the first stage, the investor intends to invest $500 million and develop 150,000 hectares, creating more than 1,000 jobs. The main focus will be on growing crops with high feed and export value, including corn and soybeans. At the second stage, the area of irrigated farmland will grow to 300 thousand hectares. Harvest Agro will conduct engineering, geological and agrochemical surveys, design and install irrigation and water intake systems, supply energy and engineering infrastructure, agricultural land preparation and launch agricultural production. The project will use groundwater and modern water-saving technologies.
It is expected that the new initiative will allow:
• to involve up to 300 thousand hectares of land in agricultural turnover,
• increase soil productivity by 4-6 times,
• reduce the load on surface water sources,
• activate related investments in the agricultural sector.
Project Phase:
Initiation & Feasibility
Investment Value:
500 000 000 $
Location:
Алматы, Казахстан
Start Date:
9/26/2025
End Date:
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Other important details
Investments made through a local subsidiary of Harvest Agro Holding
Under the agreement, KAZAKH INVEST will provide comprehensive support for the project, including assistance in interaction with government bodies and the selection of investment sites.
For his part, First Deputy Director of Harvest Agro Holding Almaz Maralov emphasized that Kazakhstan’s unique conditions open up opportunities for large-scale agricultural projects, the growth of domestic production and processing, the expansion of exports, and the creation of jobs through the use of modern technologies and international expertise.
The key elements of the project will be advanced water-saving technologies, methods of extracting groundwater and increasing soil productivity, which will increase agricultural yields by six times. These measures are in line with Kazakhstan's national goal to increase the area of irrigated land to 2.5 million hectares by 2030.
This large-scale project is a continuation of the Harvest Group's expansion in Africa, marked by a $12 million investment in Kenya at the end of 2024. This initiative included the launch of a distribution center in the port of Mombasa, designed to meet the growing demand for agricultural products across the African continent.
This project shows how huge tracts of unused land can be put back into circulation with maximum efficiency and a responsible attitude to resources. We are talking about a large–scale agricultural transformation that affects infrastructure, employment and technology, while strengthening the country's export potential," said Yerzhan Elekeev, head of Kazakh Invest.
Publication/Revision Date:
10/1/2025