Because the Kazakh authorities’s principal monetary growth establishment, Baiterek Holding is on the forefront of this transformation: driving progress, attracting non-public 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 isn’t 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 strong basis for long-term sustainability and the objective 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 strong 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 pressure behind financial modernization. Crucially, this financing comes with reform: a unified charge of 12.6% ranges the enjoying discipline, ends inefficient subsidies, and eliminates rate of interest arbitrage throughout establishments — a key step towards de-risking the marketplace for non-public 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 assist the nation’s crucial industries, from logistics to vitality. With clear, long-term targets in place, Kazakhstan’s transformation isn’t 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 energetic and potential initiatives spanning logistics, metallurgy, chemical manufacturing, vitality, and agriculture. These are sectors not solely crucial to Kazakhstan’s diversification technique, but additionally aligned with world buyers’ curiosity searching for sustainable, scalable progress. Most of those initiatives are commercially viable underneath market circumstances. As well as, Baiterek helps initiatives throughout numerous sectors by offering blended finance instruments to catalyze capital — together with co-investment through the Growth Financial institution of Kazakhstan and fairness participation via Qazaqstan Funding Company.In 2025, Baiterek is launching a brand new Assure Fund geared toward supporting large-scale funding initiatives and bettering credit score accessibility for main enterprises. This initiative is a part of a broader technique to stimulate financial progress, enhance GDP, and encourage the implementation of initiatives vital for the nationwide financial system. It’s going to provide as much as 30% credit score ensures to banks, bettering entry to financing for strategically vital ventures whereas decreasing 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 initiatives yearly by 2027, Onzhanov knowledgeable.
“We’re additionally main financing for the nationwide mission 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 be mirrored within the resilience of Kazakhstan’s monetary sector, which is evolving to fulfill worldwide requirements of transparency, governance, and accountability. The institutional framework established by Baiterek offers confidence to each buyers and native companies that Kazakhstan is a rustic dedicated to sustainable and environment friendly growth. By means of its sturdy financial insurance policies, modern financing mechanisms, and strategic imaginative and prescient, Kazakhstan provides buyers a transparent, sustainable path ahead, in line with Onzhanov.
