Results of "Nurly Zher" State Program Implementation

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Baiterek's Mission

The mission of “Baiterek” NMH” JSC is to support the sustainable economic development of the Republic of Kazakhstan in order to implement public policies and achieve goals set by the 2050 Strategy.

2018 Capacity of Baiterek Holding in Figures

Created

13.6

thousand
jobs created*

721.1

bln
Taxes paid*

7595.3

bln
Output manufactured**

241.4

bln
Volume of products sold for export

*Data given the implementation of Damu Fund’s financial programs

** Based on the data of Damu Fund on the implementation of the “Business Roadmap 2020” Single Program and the Joint Action Plan of the Government of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan to ensure financing of business entities in the manufacturing industry.

Programs Implemented by the Holding

President of Kazakhstan Kassym-Jomart Tokayev’s State of the Nation Address. September 2, 2019 

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Address of the President of the Republic of Kazakhstan N. Nazarbayev to the People of Kazakhstan. January 31, 2017

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“The Leaders of Competitiveness - National Champions 2.0” Program

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"Nurly Zher" Housing Construction State Program

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"Business Roadmap 2020" Business Support and Development State Program

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Address of the President of the Republic of Kazakhstan N. Nazarbayev to the People of Kazakhstan. October 5, 2018

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Address of the President of the Republic of Kazakhstan N. Nazarbayev to the People of Kazakhstan. January 10, 2018

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Comprehensive Privatization Plan for 2016 - 2020

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“Nurly Zhol” Infrastructural Development State Program for 2015 - 2019

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State Program of Industrial-Innovative Development of the Republic of Kazakhstan for 2015 - 2019

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1

Our subsidiaries

The Holding has 11 subsidiaries, each of which fulfills its role in the country's economy.

 

While supporting large-scale enterprises, the “Development Bank of Kazakhstan” JSC“KazakhExport” Export Insurance Company” JSC“Kazyna Capital Management” JSC, “Kazakhstan Project Preparation Fund” LLP and the “Investment Fund of Kazakhstan” JSC provide the support tools such as debt and equity financing, insurance of export operations, lease financing and consulting for projects structuring and administration, including those being implemented under the PPP mechanism.

 

As for small and medium-scale businesses, “Damu” Entrepreneurship Development Fund” JSC  provides enterprises with three support tools: interest rates subsidizing, loans guaranteeing and conditional investment of funds in second-tier banks.

 

The “Housing Construction Savings Bank of Kazakhstan” JSC“Kazakhstan Mortgage Company” JSC“Housing Construction Guarantee Fund” JSC  and “Baiterek Development” JSC focus on increasing the financial affordability of housing through the development of financing, mortgage lending, subsidies and housing rental.

 

Moreover, the Development Bank of Kazakhstan and KazakhExport are supporting non-resource-based exporters, and QazTech Ventures, being a ‘fund of funds’, contributes to the development of technopreneurship through the tools of venture financing, business incubation and technology consulting.

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