The Development Bank of Kazakhstan (DBK) will allocate $17.4 million to finance the construction of a fruit and vegetable processing plant in the Almaty region. The announcement follows the signing of an agreement between the development institution and Qazaq Global Food JV LLP, a fruit and vegetable juice producer in Kazakhstan.
The project, described as «the construction of a plant for processing fruits and vegetables, producing fruit juice concentrates, and fruit and vegetable purees with storage and packaging infrastructure,» has been marked as approved on the DBK website.
Once fully operational, the plant is expected to reduce Kazakhstan’s dependence on imports, support exports and accelerate the modernization of the national agro-industrial complex. Additionally, it will create 96 permanent jobs, contributing to the socio-economic development of the region.
About the plant’s beneficiaries
Qazaq Global Food JV LLP was established about a year ago and specializes in producing fruit and vegetable juices. The company was founded by Alpecon Group LLP, controlled by Samat Balabekov, and Capital NS LLP, which is owned by Yergali Doszhanov and Zhanargul Zhakipova.
According to DBK, the new plant will have the capacity to process up to 70,000 tons of fruits and vegetables annually. It is expected to produce up to 6,150 tons of juice concentrate and 6,700 tons of fruit and vegetable puree per year. The launch is scheduled for April 2026. Aimed at both domestic and international markets, the plant’s products will comply with Kazakhstani and international quality standards.
The project will be located in the Yenbekshikazakh district of the Almaty region. This site was chosen due to its proximity to raw material suppliers, demand for apple storage services and well-developed transport infrastructure, which will ease logistics and reduce transportation costs. The project’s strategic partner is Goknur Gida, a global leader in fruit processing and the production of organic juices, concentrates and purees based in Turkey. The company will supply the technological equipment and has committed to purchasing the plant’s output under an offtake agreement.
Since 2024, DBK has been implementing a support program for investment projects in the agricultural and food industries, which will run until 2029. The total amount of financing available under the program is approximately $1 billion. Applicants can apply for loans starting from $6.3 million, with repayment terms ranging from five to 20 years. There is no specified upper limit for funding.
