Kazakhstan Kagazy is a major industrial group in Kazakhstan and runs Kagazy Recycling LLP, Central Asia’s largest producer of paper, corrugated board and packaging products, which was established in 2001. Kagazy stands for “paper” in the Kazakh language. It also operates one of the leading commercial real estate development companies in the country through Prime Estate Activities Kazakhstan LLP (Peak), which owns approximately 711 hectares of prime land, strategically located in a newly created industrial zone near Almaty, for construction of commercial warehousing and logistics infrastructure facilities.


