At Atlant Partners, we continue to bring innovative agricultural projects to the market. One of our latest initiatives is the construction of a high-tech diversified greenhouse complex in the Aktobe region of Western Kazakhstan. Designed for efficiency and profitability, this project addresses both domestic demand and export potential in one of the world’s fastest-growing food markets.
Why this project matters
The demand for fresh vegetables — particularly tomatoes — remains strong worldwide and continues to grow even in times of crisis, as the recent pandemic has shown. Kazakhstan currently relies heavily on imports from Uzbekistan, China, and Turkey, which do not fully meet domestic demand and create added costs from logistics and customs.
By establishing a large-scale, cost-efficient greenhouse facility locally, this project not only substitutes imports but also positions Kazakhstan as a reliable exporter to its largest neighboring consumer, Russia.
Key project highlights
Facility size: 44,136 sq. m greenhouse complex for tomato production.
Strategic location: Aktobe, the center of Western Kazakhstan, situated near the “Western Europe–Western China” transport corridor and in close proximity to Russian markets.
Low energy costs: Gas prices in the Aktobe region are among the lowest in Kazakhstan and nearly 24 times cheaper than in the Netherlands — ensuring exceptional cost efficiency.
Management team: A professional team with over 20 years of experience in agriculture, supported by consultants with proven greenhouse expertise.
Government support: Comfort letters received from the Administration of Agriculture, Employment and Social Programs, and the Department of Entrepreneurship of the Aktobe region.
Market validation: Letters of interest secured from major local distributors, including Zhilgorodskoy Market, Altay Market, and Fresh Market KZ.
Investment opportunity
The project requires USD 13.5 million in total investment. Investors are offered participation either as providers of an interest-bearing loan or as strategic equity partners.
With projected financials including an NPV of EUR 8.4 million, an IRR of 12%, and a payback period of 7 years, this greenhouse project combines financial viability with a strong growth story in Kazakhstan’s agri-sector.