Turkish holding to invest $320 million in high-tech Agro-Industrial Complex in Astana

Kazakhstan’s Deputy Minister of Foreign Affairs, Alibek Kuantyrov, held a meeting with Yildiz Koksal Salih, CEO of Kazak Protein, to discuss ongoing developments regarding the establishment of a deep processing plant for grain and leguminous crops in Astana.

According to the Kazakhstan bureau of Report, citing KazakhInvest, the meeting focused on key stages of the integrated agro-industrial complex construction project, which is being implemented by the Turkish holding Tiryaki Agro. The total investment in the project amounts to $320 million, and its implementation is expected to create over 500 jobs.

The complex will include two processing plants for wheat and peas, producing high-value-added products such as:

Starch
Gluten
Lysine
Glucose-fructose syrup
Animal feed
Pea protein isolate

The facility will require an annual supply of 250,000 tons of wheat and 80,000 tons of peas.

Salih emphasized that the company is working on completing all necessary procedures to finalize the Investment Contract and Investment Agreement with the Government of Kazakhstan.

“We are also focused on addressing the project's engineering infrastructure needs, including water supply, gas supply, electricity, and railway logistics, in close cooperation with relevant government agencies,” he stated.

According to Salih, the successful implementation of this project will create a cutting-edge production facility that will make a significant contribution to Kazakhstan’s economy.

The project has been included in a list of 17 strategic projects aimed at:

Developing Kazakhstan’s manufacturing sector
Diversifying the economy
Attracting foreign investment.