ASTANA, Kazakhstan, September 27. Acting Chairman of the Board of Kazakh Invest, Aibol Argyngazinov, held a meeting with the First Deputy Director of Harvest Agro Holding, Almaz Maralov, following which the parties signed a memorandum of understanding, Trend reports via Kazakh Invest.
The document is aimed at supporting the implementation of the
investment project for the creation of the Harvest agro-industrial
cluster.
Under the agreement, Kazakh Invest will provide comprehensive
support for the project, including assistance in interaction with
government bodies and the selection of investment sites.
“We consider the Harvest Agro Holding project as a strategic
initiative that will not only allow the introduction of modern
irrigation technologies and the rational use of land, but also
create new jobs in the regions, contributing to the development of
rural areas and increasing the export potential of domestic
products,” noted Argyngazinov.
For his part, the First Deputy Director of Harvest Agro Holding, Almaz Maralov, underscored that Kazakhstan’s unique conditions open up opportunities for large-scale agricultural projects, growth of domestic production and processing, expansion of exports, and job creation through the use of modern technologies and international experience.
The project envisions a phased conversion of up to 300,000 hectares of fallow and grazing lands into irrigated agricultural land using modern water-saving technologies and infrastructure solutions. At the first stage, 150,000 hectares will be developed. The total investment volume at the initial stage will be about $500 million. The project's geography will cover several regions of the country, including Almaty, Zhetysu, Zhambyl, Aktobe, Pavlodar, Kyzylorda, and East Kazakhstan regions.
