Kazakhstan Propels Forward Significant Financing Initiatives in Pharmaceuticals, Agriculture, and Food Manufacturing
Kazakhstan's Economic Boost: Major Investments in Pharmaceuticals, Agriculture, and Water Management
Kazakhstan is gearing up for significant economic growth with a series of major investments in key sectors such as pharmaceuticals, agriculture, and water management.
The highlight of the investments is the new Carlsberg Kazakhstan soft drink plant, scheduled for commissioning in 2026. With an annual capacity of 1 billion liters, the plant is set to create more than 230 jobs. The foundation stone for this ambitious investment process was laid on Sept. 16 in the Ili district of the Almaty Region. Carlsberg Central Asia is also expanding beverage production with an investment of 216 billion tenge (US$398.3 million), increasing capacity to 340 million liters per year.
The Turkistan Cotton Agro-Industrial Complex is another significant initiative. It aims to create a full production cycle from raw material to finished textile products. The complex will develop a project for deep cotton processing with a capacity of 121,000 tons per year and an investment of 58 billion tenge (US$106.9 million).
In the pharmaceutical sector, the Khan Tengri BioPharma project will strengthen Kazakhstan's capacity for the production of vital medicines and create more than 180 jobs. The project's investment volume exceeds 103 billion tenge (US$190 million).
Asyl Sugar plans to construct a modern sugar plant with a capacity of 200,000 tons per year and investments of 72 billion tenge (US$132.7 million).
Fabe-Agro will establish an agro-industrial complex for processing 38,000 tons of vegetables annually, with a total investment of 68 billion tenge (US$125.4 million).
PepsiCo is advancing a salty snacks project with an investment of 200 billion tenge (US$368.7 million) and a production capacity of 70,000 tons per year.
Several major agreements with domestic and international investors were approved during a meeting chaired by the First Deputy Prime Minister of Kazakhstan, Roman Sklyar, on Sept. 17. The meeting reviewed investment initiatives in pharmaceuticals, the agro-industrial complex, and food processing.
The Kazakh Foreign Ministry held meetings with international investors to discuss new projects in agriculture, pharmaceuticals, and water management. One of these discussions involved Li Shu-he, Chairman of Cheng Tian Run Kang Medical Limited (China), who expressed interest in projects on industrial hemp cultivation and processing, as well as meat processing.
Gabidulla Ospankulov, Chairman of the Investment Committee, assured full state support for such initiatives aligning with Kazakhstan's priorities in pharmaceuticals and deep agricultural processing.
HydroPlus, part of VINCI Construction Grands Projets, implements innovative water management solutions in over 30 countries worldwide. A memorandum was signed between HydroPlus and Kazakh Invest to identify priority regions and projects. Alibek Kuantyrov, Deputy Foreign Minister, met with Franck Del Rey, president of HydroPlus (France), to discuss cooperation in hydraulic infrastructure and sustainable water management.
These investments and collaborations are expected to boost Kazakhstan's economy and create numerous job opportunities, further solidifying its position as a key player in the Central Asian region.
