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 one in every of Eurasia’s most strategically positioned economies, in accordance with Timur Onzhanov, Deputy CEO Baiterek Nationwide Managing Holding.
Kazakhstan’s goal just isn’t merely to draw buyers, however to actively engineer the situations that channel funding towards the nation’s long-term strategic priorities and sustainable development.
Baiterek focuses on constructing a strong basis for long-term sustainability and the purpose is to create a dynamic surroundings 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 accordance 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 drive behind financial modernization. Crucially, this financing comes with reform: a unified charge of 12.6% ranges the taking part in subject, 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, transferring 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 important industries, from logistics to power. With clear, long-term goals in place, Kazakhstan’s transformation just isn’t solely about development — it’s about sensible, however sustainable improvement additionally, in accordance with Onzhanov.The result’s a pipeline of alternative: greater than €46 billion in lively and potential tasks spanning logistics, metallurgy, chemical manufacturing, power, and agriculture. These are sectors not solely important to Kazakhstan’s diversification technique, but additionally aligned with international buyers’ curiosity looking for sustainable, scalable development. Most of those tasks are commercially viable below market situations. 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 Improvement 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 tasks and bettering 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 vital for the nationwide financial system. It would supply as much as 30% credit score ensures to banks, bettering entry to financing for strategically vital 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 mission on modernization of power and utility methods — a €8.6 billion effort over 5 years, designed to improve Kazakhstan’s water and power infrastructure and inexperienced its power combine. With financing instruments starting from bond purchases to leasing mechanisms, Baiterek will guarantee these very 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 improvement. By its strong financial insurance policies, revolutionary financing mechanisms, and strategic imaginative and prescient, Kazakhstan provides buyers a transparent, sustainable path ahead, in accordance with Onzhanov.
