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Project Description
Sultangali Kinzhaklulov, Chairman of the Management Board of JSC “NC KAZAKH INVEST,” held a meeting with Ge Kaihua, CEO of XiYu Agricultural Pte. Ltd. (Singapore), and representatives of SUMEC International (China), part of the SINOMACH Corporation. The parties discussed the implementation of an investment project for the construction of a grain deep-processing complex in the Kostanay region. The project provides for the construction of a modern agro-industrial complex with a total investment of about USD 230 million. According to preliminary estimates, the implementation of the initiative will create around 500 new jobs and ensure annual tax revenues of about KZT 8 billion, delivering a significant socio-economic impact for the region and the country. As part of the preparatory phase, XiYu Agricultural is acquiring a grain elevator complex with a storage capacity of 90,000 tons and a land plot of over 20 hectares, providing the necessary infrastructure base for project implementation. The complex will include production lines for citric acid (125,000 tons per year), unrefined sunflower oil (200,000 tons of raw material per year), feed meal (360,000 tons per year), and sulfuric acid (100,000 tons per year). The project is focused on exporting high value-added products to markets in the Middle East, Europe, Türkiye, and China.
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Engineering Design & Planning
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230 000 000 $
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Other important details
“Kazakhstan possesses enormous agricultural potential and strong opportunities for developing deep processing of agricultural products. KAZAKH INVEST stands ready to provide comprehensive support to investors in implementing such strategic projects, which not only create new jobs but also establish value chains within the country,” said Sultangali Kinzhaklulov, Chairman of the Management Board of JSC “NC KAZAKH INVEST.”
Ge Kaihua, CEO of XiYu Agricultural Pte. Ltd., emphasized that Kazakhstan is viewed by the company as a strategic partner in the agro-industrial sector:
“We see tremendous potential in Kazakhstan as an export hub for processed agricultural products. The project in the Kostanay region marks a new stage in our long-term presence in the country, and we are committed to contributing to the development of Kazakhstan’s industrial and export base.”The project and technical documentation have been developed by COFCO Engineering & Technology Co. Ltd. (China). The partner for equipment and technological solutions is SUMEC Group Corporation, a leading subsidiary of SINOMACH, one of China’s largest industrial conglomerates with annual export volumes exceeding USD 12 billion and offices in 160 countries worldwide.
JSC “NC KAZAKH INVEST” will continue to provide full support for the project at all stages of implementation, ensuring coordination with government bodies and development institutions.
Sources
Publication/Revision Date:
10/21/2025
