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18.05.2026 gov.kz/moa

Government Discusses Investment Projects in Fisheries Sector Worth 60 Billion Tenge

The government discussed 41 investment projects in the fisheries sector worth 60 billion tenge for 2026-2030, focusing on increasing fish farming and processing volumes, preferential lending, and digitalization measures like the E-fish system to combat illegal fishing and reduce shadow turnover.

Deputy Prime Minister – Minister of National Economy Serik Zhumangarin held a meeting on the implementation of investment projects and financing of the fisheries sector. Vice Minister of Agriculture Amangaliy Berdalin reported on progress and digitalization measures, including the introduction of a fishing net control system through QR coding. For the period 2026–2030, a pool of 41 investment projects has been formed with a total investment of about 60 billion tenge. The implementation of these projects will additionally increase fish farming volumes by up to 14,000 tons, processing by up to 10,000 tons, and establish feed production with a capacity of up to 30,000 tons per year.

Since 2024, a mechanism for preferential lending to projects for fish farming and processing has been in effect at an annual rate of 2.5%. To date, 10 fishery entities have received financing totaling 5.7 billion tenge. Within the framework of the Law "On Aquaculture," more than 60 regulatory legal acts have been adopted. Key support measures include loans to replenish working capital at an annual rate of 5%, investment loans at 6%, and provision of land plots.

Among the systemic problems of the sector are a high level of illegal fishing, limited inspection capabilities, and the absence of a unified digital infrastructure for recording fishing gear. In 2025, the E-fish information system was put into operation, integrated with state databases. All 100% of industry participants—1,210 entities—are registered in the system, which has reduced the shadow turnover of fish products by 2,000 tons. Representatives of AY Capital presented a project for the production of fishing equipment in Kazakhstan.

The Deputy Prime Minister instructed to work out issues, including at the level of the EAEU, and take measures for the further development of the sector.