Because the Kazakh authorities’s principal monetary improvement establishment, Baiterek Holding is on the forefront of this transformation: driving development, attracting personal capital, and reshaping the funding panorama in considered one of Eurasia’s most strategically positioned economies, in line with Timur Onzhanov, Deputy CEO Baiterek Nationwide Managing Holding.
Kazakhstan’s goal will not be merely to draw traders, however to actively engineer the circumstances that channel funding towards the nation’s long-term strategic priorities and sustainable development.
Baiterek focuses on constructing a sturdy basis for long-term sustainability and the aim is to create a dynamic setting the place each home and worldwide traders can discover alternatives that align with the nation’s imaginative and prescient for diversification, technological innovation, and infrastructural modernization, in line with Onzhanov.
By 2025, Baiterek will inject €14.6 billion into housing, entrepreneurship, and nationwide infrastructure — rising to €18.3 billion by 2027. These aren’t projections; they’re backed by a sturdy capitalization plan requiring €1.8 billion yearly. In 2024 alone, Baiterek has already delivered €7.3 billion to precedence sectors, proving its position because the central power behind financial modernization. Crucially, this financing comes with reform: a unified charge of 12.6% ranges the taking part in discipline, ends inefficient subsidies, and eliminates rate of interest arbitrage throughout establishments — a key step towards de-risking the marketplace for personal capital.
Baiterek’s method represents a real shift within the nation’s financial framework, shifting towards extra clear, market-driven insurance policies. As a part of this strategic initiative, Baiterek is attracting substantial investments, each domestically and internationally, to help the nation’s essential industries, from logistics to vitality. With clear, long-term aims in place, Kazakhstan’s transformation will not be solely about development — it’s about good, however sustainable improvement additionally, in line with Onzhanov.The result’s a pipeline of alternative: greater than €46 billion in lively and potential tasks spanning logistics, metallurgy, chemical manufacturing, vitality, and agriculture. These are sectors not solely essential to Kazakhstan’s diversification technique, but in addition aligned with world traders’ curiosity in search of sustainable, scalable development. Most of those tasks are commercially viable below market circumstances. As well as, Baiterek helps tasks throughout numerous sectors by offering blended finance instruments to catalyze capital — together with co-investment by way of the Growth Financial institution of Kazakhstan and fairness participation by means of Qazaqstan Funding Company.In 2025, Baiterek is launching a brand new Assure Fund aimed toward supporting large-scale funding tasks and enhancing credit score accessibility for main enterprises. This initiative is a part of a broader technique to stimulate financial development, improve GDP, and encourage the implementation of tasks important for the nationwide financial system. It can provide as much as 30% credit score ensures to banks, enhancing entry to financing for strategically essential ventures whereas lowering stress on public funds.
In the meantime, a comparable Assure Fund for SMEs — operated by the Damu Fund — will mobilize contributions from second-tier banks and the state to again over 50,000 enterprise tasks yearly by 2027, Onzhanov knowledgeable.
“We’re additionally main financing for the nationwide venture on modernization of vitality and utility programs — a €8.6 billion effort over 5 years, designed to improve Kazakhstan’s water and vitality infrastructure and inexperienced its vitality combine. With financing instruments starting from bond purchases to leasing mechanisms, Baiterek will guarantee these important upgrades are investment-ready and bankable.”
This concerted push towards financial modernization can also be mirrored within the resilience of Kazakhstan’s monetary sector, which is evolving to satisfy worldwide requirements of transparency, governance, and accountability. The institutional framework established by Baiterek offers confidence to each traders and native companies that Kazakhstan is a rustic dedicated to sustainable and environment friendly improvement. By its strong financial insurance policies, revolutionary financing mechanisms, and strategic imaginative and prescient, Kazakhstan presents traders a transparent, sustainable path ahead, in line with Onzhanov.
