Screen Reader07/03/2025
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On July 2, 2025, a Memorandum of Understanding was signed at ‘Baiterek’ National Managing Holding between the Holding, CNHI International SA, and BHK Agro AG. The document was signed on behalf of the Holding by First Deputy Chairman of the Management Board Nurbolat Aidapkelyov.
The parties expressed their intention to cooperate on the implementation of projects related to the assembly and localization of agricultural machinery in the Republic of Kazakhstan. The cooperation envisions the creation of production facilities utilizing advanced technologies.
The main goal of the Memorandum is to develop Kazakhstan’s agro-industrial complex by introducing modern engineering solutions, increasing the availability of equipment for domestic farmers, and expanding the export potential of the industry. Particular attention will be paid to localizing the production of advanced machinery, training Kazakhstani specialists, and creating new jobs.
"Agriculture is one of the Holding’s priorities. We are committed to localizing advanced technologies and expanding the production of agricultural machinery with a high level of Kazakhstani content. The state policy aimed at supporting domestic manufacturers through mechanisms such as subsidies, preferential leasing, and other incentives encourages major global brands to localize production. We welcome the commitment of CNHI International and BHK Agro AG to strengthen their presence in our growing market. The more modern and high-quality agricultural equipment is produced in our country, the better it will be for our farmers," stated Nurbolat Aidapkelyov.
CNHI International SA is a subsidiary of the global holding CNH Industrial, which owns well-known international brands such as Case IH and New Holland Agriculture. The company offers a wide range of agricultural and construction machinery and operates in over 170 countries worldwide.
For its part, BHK Agro AG views the Kazakhstani market as a key platform for its long-term development in the production, sales, and maintenance (both warranty and post-warranty) of agricultural machinery.
Under the terms of the Memorandum, the parties will begin joint development of the project concept, including the selection of a production site, assessment of investment volume, and determination of localization parameters. The Holding plans to support the future manufacturing and distribution of localized agricultural equipment through financial instruments of its subsidiaries.
