The "Investment Order" program will start next year in the Republic of Kazakhstan
11.11.2025 17:20:34 59
The Government, chaired by Deputy Prime Minister and Minister of National Economy of the Republic of Kazakhstan Serik Zhumangarin, discussed the formation of a pool of projects in priority areas of the economy within the framework of the Investment Order program.
The "Investment Order" is a new government program aimed at supporting investment projects of SMEs and large businesses for the production of goods in demand among the population and with a high proportion of imports. These are mainly agricultural products and consumer goods of the manufacturing industry. The government identifies promising niches with high potential for producing goods for import substitution and export, and regions identify specific projects and businesses that can implement them. The analysis of the effectiveness of projects and their financing will be carried out through the tools and mechanisms of the Baiterek holding.
"Together with the akimats of the regions and cities of republican significance, an analysis of the production potential of the regions was carried out. An investment portfolio has been formed for agribusiness projects, which includes 202 projects totaling 4.3 trillion tenge," Vice Minister of Agriculture Yermek Kenzhekhanuly said at the meeting.
The pool of projects under the "Investment Order" in the agricultural sector includes the continuation of the construction of dairy farms, the development of meat and poultry farming, the processing of milk, meat, leather and wool, the construction of greenhouses, the processing of vegetables, fruits and potatoes, the development of the sugar industry and deep processing of grain, the creation of fish processing enterprises. Thus, the "Investment Order" will be a continuation of the implementation of previous state programs to reduce the country's import dependence, with a focus on specific projects and their effectiveness for each segment of the industry.
In particular, 5 sugar production projects are planned to reduce sugar import dependence, including QAZAQARAB SUGAR LLP and Asyl Farms LLP. Poultry meat – 24 projects (JSC "AITAS KZ", LLP "Eco Broiler Ltd" and others); 3 projects for the production of sausage products, including LLP "STERKH" and SEC "S-Bolashak". The Turkish company Tiryaki Holding is already implementing a project in Astana for the construction of an integrated agro-industrial complex for the deep processing of cereals and legumes. The processing capacity will be 240 thousand tons of wheat and 80 thousand tons of peas. The project cost is $320 million, with a deadline of 2028.
Vice Minister of Industry and Construction Olzhas Saparbekov presented a list of 26 types of consumer goods with high import dependence. These include cotton fabrics, school uniforms, shoes, plumbing, household appliances, cosmetics and hygiene products. A portfolio of 67 investment projects worth over 600 billion tenge has been formed in these areas, creating about 10,000 jobs. Among the key initiatives are the production of cotton fabrics in the Turkestan region, plumbing in the Kyzylorda region, thermal insulation materials in the Karaganda region, chipboard and chipboard in the North Kazakhstan region.
Proposals on the application of tax incentives were discussed to stimulate the light industry. All projects will be reviewed by the Baiterek Holding company to assess their economic feasibility and investment attractiveness. Financing will be provided through the holding's subsidiaries and, if necessary, second-tier banks.
The selection of investors will be carried out taking into account financial stability, industry experience and the level of localization of production.
Summing up, Serik Zhumangarin instructed government agencies to complete all organizational and legal procedures for launching the program as soon as possible, as well as to actively work out specific projects together with regions and businesses.
"The essence of the program is simple and clear. We have been working on all its directions since the summer. Now comes the stage of practical implementation. When the project began to replicate the experience of the North Kazakhstan region in the construction of dairy farms, many doubted, and now everyone is asking for funding. But resources are limited – funds will be allocated to those regions where real work is underway and there are viable projects," the Deputy Prime Minister summed up the meeting.
https://primeminister.kz/ru/news/programma-zakaz-na-investicii-startuet-v-sleduiushhem-godu-v-rk-30707