Swiss company to invest over $700 million in Kazakhstan’s agriculture sector

Director of Harvest Agro Holding LLP Daulet Uvashev has said that Swiss agribusiness firm Harvest Agro announced plans to invest more than $700 million in the development of Kazakhstan’s agro-industrial complex.

Uvashev made these remarks during the KGIR-2025 Global Investment Roundtable in Astana, The Caspian Post reports via Kazakh media.

Operating in Kazakhstan since 2022, Harvest Agro has already launched the first phase of its major agricultural project in Kyzylorda Region, cultivating industrial hemp, corn, and soybeans on 20,000 hectares of land. The company plans to expand this to 300,000 hectares of irrigated farmland across eight to nine regions.

The second phase, scheduled for 2026, will see the construction of agricultural processing plants and the development of an additional 50,000 hectares in the Almaty, East Kazakhstan, Abai, and Zhetysu regions.

Uvashev noted that memorandums with local authorities have been signed and detailed business plans prepared. The company aims to supply products to both domestic and export markets, producing soy concentrate, amino acids, and construction materials made from industrial hemp.

“Our goal is to build deep processing capabilities that serve Kazakhstan’s internal needs while exporting high-value products abroad,” Uvashev said.

At the same roundtable, 49 investment agreements worth a total of $7.5 billion were signed, highlighting growing global interest in Kazakhstan’s agricultural and industrial sectors.