As the leading financial development institution of the Kazakh government, Baiterek Holding is at the forefront of this transformation. It promotes growth, attracts private capital and rebuilds the investment environment in one of Eurasia’s most strategically located economies.
Kazakhstan’s goal is not merely to attract investors, but to actively design the country’s long-term strategic priorities and conditions that guide investments towards sustainable growth.
Baiterek focuses on building a robust foundation for long-term sustainability, with the goal being to create a dynamic environment where both domestic and international investors can find opportunities that align with the national vision for diversification, technological innovation and infrastructure modernization.
By 2025, Baiterek will inject 14.6 billion euros into housing, entrepreneurship and domestic infrastructure. This will increase to 18.3 billion euros by 2027. These are not predictions. They are supported by a robust capital plan that requires 1.8 billion euros per year. In 2024 alone, Baiterek has already provided 7.3 billion euros to the priority sector, demonstrating its role as a central force behind economic modernization. Importantly, this funding involves reform. A unified rate at the 12.6% level is the level of the arena, ending inefficient subsidies and eliminating institution-wide interest rate rulings.
Baiterek’s approach represents a real change in the country’s economic framework, moving towards a more transparent and market-driven policy. As part of this strategic initiative, Baiterek has attracted considerable investments nationally and internationally to support the country’s key industries, from logistics to energy. Kazakhstan’s transformation is not only growth, but also wise and sustainable development, as it has clear, long-term goals. The result is a pipeline of opportunity. These are not only important sectors for Kazakhstan’s diversification strategy, but also coincides with the benefits of global investors seeking sustainable and scalable growth. Most of these projects are commercially viable under market conditions. Additionally, Baiterek supports projects in a variety of sectors by providing blended finance tools to catalyze capital, including co-investment through the development bank of Kazakhstan and equity participation through Qazaqstan Investment Corporation. The initiative is part of a broader strategy to stimulate economic growth, increase GDP and encourage the implementation of projects that are important to the national economy. Provides banks with a credit guarantee of up to 30%, improving access to funding for strategically important ventures while reducing pressure on public funds.
Meanwhile, the DAMU Fund-run equivalent guarantee fund for small and medium-sized businesses will mobilize donations from the second tier banks and states to support more than 50,000 business projects each year by 2027.
“We are also leading the funding of national projects on the modernization of energy and utility systems, a five-year effort of 8.6 billion euros designed to upgrade Kazakhstan’s water and energy infrastructure and green energy mix. We have funding tools from bond purchases to leasing mechanisms.
This coordinated push for economic modernization is also reflected in the resilience of Kazakhstan’s financial sector, which has evolved to meet international standards of transparency, governance and accountability. The institutional framework established by Baiterek provides confidence to both investors and local businesses that Kazakhstan is a country committed to sustainable and efficient development. According to Onzhanov, through robust economic policies, innovative funding mechanisms and strategic vision, Kazakhstan offers investors a clear and sustainable path.
