Spinning Mills, Hide Processing, Household Chemicals – Preliminary Pool of “Investment Order” Projects Formed

A meeting chaired by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin was held to discuss the implementation of the “Investment Order” program in priority sectors of the economy aimed at import substitution, expansion of domestic production, and reduction of inflationary pressure.

Within the framework of the program, 12 priority areas have been identified in the food sector and 4 in the non-food segment.

As reported by First Deputy Chairman of the Management Board of Baiterek National Investment Holding Nurbolat Aidapkeloв, as part of forming a consolidated pool of investment projects for 2026–2030, the Holding, in cooperation with akimats, relevant government agencies, and subsidiary organizations, carried out comprehensive work to collect and update initiatives.

As a result, a preliminary pool of 1,501 projects with a total value of approximately KZT 85 trillion has been formed, including 567 projects in the agro-industrial complex, 464 in manufacturing, and 458 in infrastructure.

Among the agro-industrial projects are the construction of dairy farms, dairy processing facilities, meat processing plants, small ruminant feedlots, facilities for deep processing of hides, greenhouse complexes, fruit and vegetable processing plants, sugar factories, processing of leguminous crops, vegetable storage facilities, and other initiatives.

In the industrial sector, projects are planned for the creation of a textile cluster, production of household chemicals, construction of spinning mills and raw cotton processing plants, production of sanitary and hygiene products, paper products, footwear, cardboard and composite packaging, ceramic tiles and other construction materials, as well as household appliances.

Baiterek National Investment Holding has been designated as the financial foundation for the implementation of these initiatives, ensuring the consolidation of development institutions’ instruments and coordination of financing.

Projects valued at up to KZT 7 billion are proposed to be financed by second-tier banks, using instruments of the Damu Fund, the Industrial Development Fund, and the Agrarian Credit Corporation. Large-scale projects exceeding KZT 7 billion are planned to be submitted for consideration to the Development Bank of Kazakhstan, Qazaqstan Investment Corporation, and other development institutions.

Following the meeting, Serik Zhumangarin instructed Baiterek National Investment Holding, jointly with the Ministry of Industry and Construction and the Ministry of Agriculture, to ensure by March of this year a detailed evaluation of the projects with subsequent optimization of the list, taking into account their compliance with program priorities, level of readiness, and financial sustainability for further priority financing.

Source: Ministry of National Economy of the Republic of Kazakhstan