Prime Minister Olzhas Bektenov chaired a meeting of the Board of Directors of JSC “National Investment Holding “Baiterek”. The meeting considered issues of attracting financing for the implementation of investment and infrastructure projects, the development of non-resource exports, and increasing the effectiveness of state support measures for the real sector of the economy.

In execution of the instructions of the Head of State to ensure financing of the economy, the Board of Directors adopted a number of decisions aimed at expanding the resource base of the holding and increasing support for priority sectors.

Attention was paid to supporting domestic exporters. The Board of Directors approved the conclusion by JSC “Export Credit Agency of Kazakhstan” of interconnected transactions to obtain a state guarantee of the Republic of Kazakhstan in the amount of 250 billion tenge for a period of 10 years. The implementation of this decision will increase the insurance and guarantee capacity of the agency, expand instruments to support non-resource exports, and improve business access to export financing. It is expected that by the end of 2026, the portfolio of the agency’s insurance and guarantee obligations will reach 1.2 trillion tenge.

The Action Plan for the Sustainable Development of “Baiterek” Holding for 2026–2028 was approved. The document provides for the improvement of “green” and sustainable financing instruments, support for projects contributing to low-carbon growth, improvement of ESG risk management, transparency, and quality of corporate governance. Priorities also include the implementation of social initiatives, improvement of personnel policy, and the introduction of best international ESG practices. Currently, the holding takes into account 15 out of 17 UN Sustainable Development Goals and consistently integrates the relevant principles into the work of the group of companies. Following the results of 2025, the international rating agency Sustainable Fitch raised the holding’s ESG rating from level “3” to level “2”, confirming the holding’s compliance with the best global standards in the field of sustainable development.

Following the meeting, the Consolidated Risk Report, the Internal Audit Service Report, and the Anti-Corruption Compliance Service Report for the first quarter of 2026 were approved.

For reference: Since the beginning of 2026, as part of the task to finance the economy in the amount of 8 trillion tenge, the holding has provided support to businesses totaling about 3 trillion tenge. This includes support for 2,975 small and medium-sized business projects amounting to about 875 billion tenge. About 685 billion tenge was allocated for the development of the agro-industrial complex, which made it possible to support 5.2 thousand agricultural producers. Large businesses received financing covering 380 projects.

Through Qazaqstan Investment Corporation, 5 investment projects were financed in the amount of 51.5 billion tenge. Under the export support line through the Export Credit Agency of Kazakhstan, 293.5 billion tenge was allocated to support 54 domestic exporters.

Thus, the holding continues to provide businesses with access to financial instruments, contributing to the development of entrepreneurship, production modernization, export growth, and the strengthening of the country’s economy.

#Olzhas Bektenov #Economy #Infrastructural development #Investments

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