In 2025, approximately 1.5 trillion tenge will be allocated for the development of investment projects in the agricultural sector through the Agricultural Credit Corporation (ACC) and KazAgroFinance. The funds will be used for conducting spring fieldwork and harvesting, implementing investment projects, purchasing fixed assets and replenishing working capital, and leasing agricultural machinery, as reported by primeminister.kz.
When financing projects, priority will be given to the following areas:
- Processing of agricultural products and food production, with a focus on socially significant food items;
- Development of irrigation systems - including sprinkler systems, irrigation facilities, and drip irrigation;
- Industrial greenhouses - to reduce seasonal price fluctuations for vegetables;
- Infrastructure development - including packaging, storage, and transportation;
- Large-scale feed production.
Financing for investment projects will focus on increasing investments in the agro-industrial complex (AIC), developing domestic production to reduce food inflation imports, and ensuring a stable supply of domestic products to the local market, as well as realizing export potential.
To expand project coverage, the credit limits for projects through the ACC will be increased from 7 to 15 billion tenge, the scope of the "Baiterek" guarantee fund will be extended, guarantees from "Damu" for large long-term ACC projects will be implemented, and the mandate of the Export Credit Agency of Kazakhstan will be expanded to support the export of agricultural products.
Within the leasing programs of KazAgroFinance, priority support will be provided for domestic agricultural machinery, which will allow for a broader multiplicative effect of this support measure for farmers on industrial enterprises.
The "Baiterek" holding is forming a pool of poultry farms and continues to expand export opportunities for agricultural producers. Negotiations are underway with Malaysia to explore new markets and establish a new trade fund that will increase grain export volumes to 200 million dollars. In the long run, this figure is expected to grow to 1 billion dollars.
Export Expansion and New Markets
As part of the export strategy, insurance, reinsurance, and guarantee instruments for domestic producers are being expanded. A key task is to enter new markets and provide comprehensive solutions for Kazakhstani exports. Therefore, the "Baiterek" holding is launching a trade fund and forming a pool of export-oriented projects, including the development of poultry farming and crop production.
Key export directions include:
- Consolidation of large producers and traders of crop products (grains, oilseeds, and legumes) to expand export channels.
- Creation of stable export supply chains and expansion of export geography (China, Central Asia, EU).
- Reduction of speculative factors in pricing and market stabilization.
- Partnership with major foreign buyers (COFCO and others).
- Investment support and attracting the private sector to trade activities.
- Improving conditions for agricultural producers regarding transport and logistics services.
- In the long term – transforming the fund into a Food Security Fund with a broader mandate to ensure food security in the CIS and Middle Eastern countries.
Export support tools through the JSC "Export Credit Agency of Kazakhstan" include:
- guarantees,
- reinsurance,
- composite services.
These measures will allow Kazakhstani products to enter new markets and strengthen the positions of domestic producers. The ECA will collaborate with second-tier banks as well as other financial institutions within the "Baiterek" group, providing support tools in exchange for business commitments regarding localization, industrialization, and attracting investors.
It was previously reported that the Government of Kazakhstan, through development financial institutions, is initiating a large-scale campaign to support investment projects in the manufacturing sector for SMEs and large businesses, including light and chemical industries, food production, building materials, machine engineering, freight transportation, anchor projects, infrastructure projects, and clusters that create an ecosystem for SME development. To support SMEs, a guarantee fund "Damu" will be established in 2025, while the "Baiterek" guarantee fund for large businesses will address the adequacy of collateral for large and strategically important projects.