Presidents Kassym-Jomart Tokayev and Recep Tayyip Erdoğan were presented with a package of joint investment projects during the Kazakhstani-Turkish summit in Astana, with five new initiatives expected to attract more than $920 million in investment and create over 3,100 jobs across Kazakhstan.
The projects span five regions and multiple sectors. In Abai Region, Turkish mining company Miryıldız plans to build a mining and processing plant — an extension of the company’s existing $480 million gold development programme at the Zhanan deposit. In Almaty, İskefe Holding intends to launch gelatin production. In Turkestan Region, Orzax Group will establish a modern facility for the production of dietary supplements. In Aktobe, S Sistem Lojistik is partnering with Kazpost to create a logistics centre at the city’s international airport. In Astana, Tiryaki Holding will build a plant for the deep processing of wheat and peas.
Deputy Prime Minister Serik Zhumangarin briefed the two heads of state on the broader trajectory of Turkish investment in Kazakhstan, noting that approximately 100 investment projects involving Turkish companies have already been completed in the country, with a combined value of around $4 billion across various economic sectors. A further 50 joint projects with a total estimated value of approximately $4 billion are currently being implemented, underscoring what Zhumangarin described as a high level of investment interaction between the two countries.
