Because the Kazakh authorities’s principal monetary growth establishment, Baiterek Holding is on the forefront of this transformation: driving progress, attracting personal capital, and reshaping the funding panorama in one among Eurasia’s most strategically positioned economies, in line with Timur Onzhanov, Deputy CEO Baiterek Nationwide Managing Holding.
Kazakhstan’s goal is just not merely to draw buyers, however to actively engineer the circumstances that channel funding towards the nation’s long-term strategic priorities and sustainable progress.
Baiterek focuses on constructing a sturdy basis for long-term sustainability and the purpose is to create a dynamic setting the place each home and worldwide buyers 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 fee of 12.6% ranges the enjoying area, ends inefficient subsidies, and eliminates rate of interest arbitrage throughout establishments — a key step towards de-risking the marketplace for personal capital.
Baiterek’s strategy 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 vital industries, from logistics to vitality. With clear, long-term targets in place, Kazakhstan’s transformation is just not solely about progress — it’s about sensible, however sustainable growth 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 vital to Kazakhstan’s diversification technique, but additionally aligned with international buyers’ curiosity searching for sustainable, scalable progress. Most of those tasks are commercially viable below market circumstances. As well as, Baiterek helps tasks throughout varied sectors by offering blended finance instruments to catalyze capital — together with co-investment by way of the Improvement Financial institution of Kazakhstan and fairness participation by 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 progress, improve GDP, and encourage the implementation of tasks vital for the nationwide financial system. It is going to provide as much as 30% credit score ensures to banks, enhancing entry to financing for strategically necessary ventures whereas lowering strain 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 undertaking on modernization of vitality and utility methods — 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 gives confidence to each buyers and native companies that Kazakhstan is a rustic dedicated to sustainable and environment friendly growth. By way of its strong financial insurance policies, progressive financing mechanisms, and strategic imaginative and prescient, Kazakhstan affords buyers a transparent, sustainable path ahead, in line with Onzhanov.
