• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10691 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
5 May 2026

Iranian Company to Build Oil Plant and Poultry Farm in Kazakhstan

@gov.kz

Iranian companies are increasingly looking to Kazakhstan for investment and production as tensions between the United States and Iran continue.

Iran’s Golrang Industrial Group plans to implement two major projects in Kazakhstan: the construction of a sunflower oil production plant and a poultry farm for meat production.

Agreements on the projects were reached on May 4 between Kazakhstan’s Deputy Minister of Agriculture Yermek Kenzhekhanuly and Golrang’s leadership, with total investment estimated at approximately $120 million.

At the meeting, Golrang Industrial Group expressed strategic interest in developing its business in Kazakhstan and localizing production.

According to the Ministry of Agriculture, the first project involves the construction of an oil extraction plant with a processing capacity of up to 3,000 tons of sunflower seeds per day, with direct investment of approximately $70 million. The project is expected to increase the processing depth of Kazakh agricultural raw materials and boost the added value of finished products.

Investment in the second project, a poultry meat farm, is estimated at approximately $50 million.

The projects come against a backdrop of steadily growing cooperation between Kazakhstan and Iran. In 2025, bilateral agricultural trade increased by 55.8%, exceeding $341 million. Exports of Kazakh products, primarily wheat and barley, have also grown significantly.

Sergey Kwan

Sergey Kwan

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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