President meets with CEO of Tiryaki Group
Headline: Kazakhstan and Tiryaki Holding Advance Agro-Industrial Partnership
The President of Kazakhstan, Kassym-Jomart Tokayev, recently met with Suleyman Tiryakioglu, CEO of Tiryaki Holding, to discuss the progress of their strategic partnership in the agro-industrial sector. The meeting, as reported by our website, citing Akorda, focused on a variety of topics, including the modernization of elevators, effective logistics for transporting Kazakh agricultural products, and the deep processing plant project for wheat and peas in Astana.
The deep processing plant project, which was welcomed by President Tokayev, is a significant investment by Tiryaki Holding worth 160 billion tenge (approximately US$294.3 million). Signed in 2025, the investment contract aims to advance the processing capacity of grain and legumes within Kazakhstan. Tiryaki Holding, a world leader in the production and export of grains, oilseeds, and feed, is leading this agro-industrial investment.
The project is part of a broader strategic partnership between Kazakhstan and Turkey, confirmed during the 5th Kazakhstan-Türkiye High-Level Strategic Cooperation Council meeting. This partnership enhances Kazakhstan’s agricultural export capabilities and industrial diversification. President Tokayev has expressed strong support for these joint ventures, emphasizing long-term mutual benefits and Kazakhstan’s openness to Turkish investment, including incentives for such agro-industrial projects.
The plant in Astana is regarded as a key component of Kazakhstan’s efforts to deepen agro-industrial processing and develop a multimodal logistics network. Modern technologies will be introduced as part of the project, aiming to enhance the qualifications of local specialists in Kazakhstan. Suleyman Tiryakioglu expressed that the deep processing plant project will foster the growth of the processing industry in Kazakhstan.
In addition to the deep processing plant, the meeting also discussed developing effective logistics for transporting Kazakh agricultural products. The President welcomed the decision of Tiryaki Holding to build a deep processing plant for wheat and peas in Astana, signalling a commitment to a long-term partnership in the agro-industrial sector. The modernization of elevators was also addressed during the meeting, indicating a focus on improving Kazakhstan's infrastructure to support its growing agro-industrial sector.
The deep processing plant project, led by Tiryaki Holding, a world leader in the production and export of grains, oilseeds, and feed, is a significant investment worth 160 billion tenge, advancing the processing capacity of grain and legumes within Kazakhstan's business sector. This project, part of Kazakhstan's strategic partnership with Tiryaki Holding, is expected to foster the growth of the processing industry and contribute to the modernization of Kazakhstan's finance and infrastructure in the agro-industrial sector.