ASTANA, Kazakhstan, June 9. The volume of financing for concessional leasing of agricultural machinery in Kazakhstan will reach 450 billion tenge ($900 million) in 2025 thanks to active government support, Trend reports via the press service of the Prime Minister of Kazakhstan.
According to information, this decision was made as part of a directive from the President of Kazakhstan and is aimed at achieving a strategic goal - increasing the rate of equipment renewal to 9 percent by 2028.
“The concessional leasing program implemented by the Ministry of Agriculture remains a key instrument of state support. The leasing interest rate is only 5 percent annually, making the acquisition of modern machinery more accessible to farmers. In 2025, the program plans to allocate at least 250 billion tenge ($500 million), which will allow for the purchase of approximately 6,000 units of machinery,” the press service of the Prime Minister of Kazakhstan stated.
Since applications opened on February 24, KazAgroFinance JSC has received 3,555 applications totaling 129.2 billion tenge ($258.4 million), of which 2,400 contracts have been signed for the supply of 4,580 units of machinery worth a total of 85.7 billion tenge ($171.4 million).
To date, Kazakhstan has:
139,000 tractors;
31,000 combines;
5,600 seeding complexes;
71,000 seeders;
141,000 tillage implements.
The equipment renewal rate in 2024 was 5.5 percent, higher than in 2023 (4.5 percent). In 2025, the target is 6.5 percent, with the long-term goal of reaching 8–10 percent to maintain technological competitiveness.
Moreover, investment subsidies are also showing strong progress. These subsidies reimburse 15 percent to 30 percent of the cost of acquired machinery. Additionally, interest rate subsidies are provided - up to 6 percent for priority equipment and up to 15 percent for other types.
Meanwhile, fuel supply remains stable: 401,000 tons of diesel fuel have been allocated for the 2025 sowing campaign. Thanks to price regulations, diesel is priced at 254 tenge per liter ($0.51 USD), which is 15–20 percent below market rates.
Leading global machinery brands such as John Deere, CLAAS, and RSM, equipped with precision agriculture systems, are actively used in sowing operations: 5,600 seeding complexes are cultivating up to 70 percent of grain-growing areas.
As a result, the implemented measures are already producing tangible results: while only 8,500 units of agricultural machinery were purchased in 2017, by the end of 2024, that number had risen to 22,100 units - an increase of 2.5 times.
