Qazaqstan Investment Corporation JSC provided financial support to EMC Agro LLP to expand its pig farm to 100,000 head of commercial stock per year

Qazaqstan Investment Corporation (QIC, a subsidiary of Baiterek NMH JSC) announces its successful partial exit from the EMC Agro LLP project to expand its pig farm to 100,000 head of commercial stock per year.

The project was financed through Baiterek Venture Fund JSC (BVF, a subsidiary of QIC) in 2019 and commissioned in August 2021. In accordance with the agreement, the KazFoodProducts LLP group of companies repurchased BVF's stake after six years for KZT5.6 billion.

This partnership played a significant role in achieving the goals of EMC Agro LLP to increase production capacity and strengthen its position in the meat products market. In the H1 of 2025, the volume of meat products amounted to 8,475 tons worth KZT12.2 billion; more than 300 jobs were created, and the company's annual tax revenue amounted to KZT300 million.

Thirteen branded retail points have been opened in various regions of Kazakhstan, in the cities of Astana, Almaty, Kokshetau, Petropavlovsk, and Shchuchinsk.

Since December 2024, the Company has been expanding its exports of meat products to neighboring countries: Armenia, Georgia, Kyrgyzstan, and Uzbekistan. At the end of the H1 of 2025, exports amounted to 1,067 tons worth KZT918 million.

Moreover, the Company is working on getting included in the register of agricultural product suppliers to China, which will enable it to enter the Chinese market. The FSSC 22000 international quality certificate confirms that the products comply with international standards and contributes to the expansion of export destinations.

The agro-industrial complex is one of the priority areas for QIC project financing. Recall that in the Head of State's Address delivered this year, it was noted that the success of leading agricultural producers is ensured by vertical integration — a complete production cycle from growing products to their deep processing.

QIC intends to continue providing financial support to agricultural producers, helping them expand their businesses and strengthen the export potential of domestic agricultural products.

For reference:

Qazaqstan Investment Corporation JSC is a fund of private equity funds established in 2007. Its main mission is to promote sustainable economic growth in Kazakhstan by attracting direct investment and supporting projects that contribute to the modernization and competitiveness of key industries. It is a subsidiary of Baiterek NMH JSC. Additional information can be found at https://qic.kz/

Baiterek Venture Fund JSC is a subsidiary of Qazaqstan Investment Corporation JSC that invests in fast-growing and innovative companies implementing projects in priority sectors of Kazakhstan's economy.

EMC Agro LLP is a vertically integrated enterprise engaged in breeding, raising, slaughtering, processing, and selling meat products. Its production facilities are located in the Taiynshinsky district of the North Kazakhstan Region.