27.01.25

A large greenhouse complex worth $650 mln will be built in Shymkent. Turkish company Alarco Holding has fully assumed financing of the project, the Ministry of Agriculture of the Republic of Kazakhstan reports.

LLP “Alsera KZ” (owned by Alarco Holding)  has signed an Investment Agreement with the Government of the Republic of Kazakhstan for the implementation of a project to construct a greenhouse complex in the city of Shymkent. On behalf of the Government, the agreement was signed by the Minister of Agriculture of Kazakhstan, Aidarbek Saparov. The project will be implemented with the support of JSC "NC "KAZAKH INVEST."

The goal of the project is to produce domestic agricultural products to reduce seasonal import volumes. The total investment amount is $650 million, creating 5,000 jobs. The greenhouses are expected to produce up to 175,000 tons of tomatoes annually.

The complex will produce high-quality vegetables, which is particularly important during the off-season when there are shortages and price increases in the country. Moreover, the project aims to increase agricultural product export volumes and introduce advanced technologies.

The agreement provides for the development of the project for 25 years.

Alarko Holding is one of the largest business conglomerates in Turkey. The company operates in various sectors including construction, power generation and distribution, tourism and real estate. It was founded in 1954.

https://inbusiness.kz/ru/news/turkish-company-to-build-a-greenhouse-complex-in-shymkent