Baiterek Holding and Atameken Chamber unveil initiatives for agro-industrial zones and industrial clusters

Baiterek Holding and Atameken National Chamber of Entrepreneurs recently signed four memorandums to establish pilot domestic projects. The signing was attended by Rustam Karagoishin, Chairman of the Board of Baiterek Holding, Raimbek Batalov, Acting Chairman of the Board of Atameken National Chamber of Entrepreneurs, and other business and industry representatives.

The meeting focused on the creation of agro-industrial zones and industrial clusters. These initiatives aim to provide comprehensive project financing, covering everything from infrastructure development to integrating small and medium-sized enterprises (SMEs) into a unified ecosystem.

“We see tremendous potential in the creation of agro-industrial zones and industry clusters. This is not only an innovative approach but also a significant step towards building sustainable and competitive businesses in Kazakhstan. We expect these projects to serve as a model for other regions and to help domestic producers enter global markets,” said Rustam Karagoishin.

Baiterek National Management Holding and the Atameken National Chamber of Entrepreneurs signed memorandums for the following four projects:

·         Shardara Export Agro-Industrial Zone (Turkistan region) — 84 billion tenge. This project includes a selection center, 8,000 hectares of drip-irrigated land, and plants producing various processed products.

·         Shengeldy Multi-Industry Cluster (Almaty region) — 29 billion tenge. The project features an agroforestry nursery, 14,000 hectares of irrigated land, and a dairy production factory.

·         Aksu-Boskan Sugar Cluster (Zhetysu region) — 25 billion tenge. This cluster will produce hydropower and a diverse range of processed products.

·         Birlik Sheep Breeding Cluster (West Kazakhstan region) — 25 billion tenge. The project aims to develop a national sheep breed using advanced Australian deep-processing technology.

These projects are expected to accelerate infrastructure development, attract global brands, and expand financing options, including green finance.

“The primary goal of these four projects is to transfer advanced technologies from leading countries and attract private capital to develop engineering infrastructure. While challenging, this approach is essential for all investment initiatives,” said Raimbek Batalov.

The parties believe that the success of this initiative will greatly enhance Kazakhstan's investment climate, contributing to economic stability.