Swiss-backed Harvest Agro plans to invest more than $700 million in Kazakhstan’s agricultural sector, the company’s CEO Daulet Uvashev announced at KGIR-2025.
The company, operating in Kazakhstan since 2022, has already acquired farmland and a grain elevator. Harvest Agro has launched the first phase of its project in Kyzylorda Region, where it will cultivate 20,000 hectares of industrial hemp, corn, and soy.
“Our investor — a Swiss company — will invest in Kazakhstan. We plan to develop up to 300,000 hectares of irrigated land across eight to nine regions,”
The second phase, starting in 2026, includes processing facilities and the development of 50,000 hectares each in Almaty, East Kazakhstan, Abai, and Zhetisu regions.
Harvest Agro has signed memorandums with regional authorities and completed business plans and financial models. Products will supply the domestic market, with a portion allocated for export.
“We will produce soy concentrate, amino acids, and feed products. Industrial hemp will be used to manufacture building panels, insulation, and boards. We aim for deep processing and will serve both local and export markets,”
Source: UKIMET