About Holding
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Professionals dedicated to furthering Kazakhstan
How Baiterek works with the Government
Baiterek is closely connected with the Government of the Republic of Kazakhstan, which is the sole shareholder and participates management. Investors and partners of Baiterek can be sure that they are financing projects which are aligned with the national priorities and policy. Baiterek simplifies investor-Government relations using efficient established coaction.
Information about Baiterek Holding
“Baiterek” National Managing Holding JSC (hereinafter referred to as “Baiterek” NMH” JSC, Baiterek Holding, Holding) is the key institution of the Government of the Republic of Kazakhstan that meets the advanced standards of corporate governance and ensures the implementation of objectives for the sustainable development of the economy of Kazakhstan through its diversification, support for innovations, exports development, increase in labor productivity.
The sole shareholder of “Baiterek” NMH” JSC is the Government of the Republic of Kazakhstan.
Baiterek Holding is an integrated development institution that consists of 61 organizations, including 11 subsidiary organizations, more than fifty percent of voting shares (equity interests in the charter capital) of which are directly or indirectly owned by the Holding on the basis of ownership right: 10 joint-stock companies with 100 percent participation of the Holding and one limited liability partnership with 97 percent participation.
The mission of “Baiterek” NMH JSC is contribution to the sustainable economic development of the Republic of Kazakhstan to implement the public policy and achieve the goals set out by the Strategy - 2050.
Strategic directions of the activities:
Support for entrepreneurship in the segment of large-sized businesses;
Support for entrepreneurship in the SME segment;
Increase in housing affordability;
Increase in export potential;
Transfer and introduction of innovations.
Baiterek's role in state programs
Baiterek Holding is the key operator in the implementation of the following state and government programs:
The Plan of the Nation - “100 Concrete Steps”.
Goal: creation of a new source for dynamic growth of companies that can become competitive leaders in Kazakhstan, the EAEU (Eurasian Economic Union) and internationally.
The Holding is responsible for the implementation of the 62nd Step of the Plan of the Nation: the “Leaders of Competitiveness - National Champions 2.0” Program
“Nurly Zhol” State Infrastructure Development Program for 2015-2019
Goal: ensuring long-term economic growth of Kazakhstan due to the homogenization of the economy, integration of macro-regions, integration into the international transport system and fulfillment of transit potential
“Nurly Zher” State Housing Construction Program
Goal: improvement of financial affordability of housing for the public
State Program for Industrial and Innovative Development for 2015-2019
Goal: increase in labor productivity and volume of processed goods exports through the stimulation of competitiveness in manufacturing industry.
“Business Roadmap 2020” State Program for Entrepreneurs Support
Goal: ensuring sustainable, balanced growth of regional businesses while maintaining the existing jobs and creating new ones
Board of Directors
Askar Mamin
Suleimenov Timur Muratovich
Roman Sklyar
Alikhan Smailov
Beibut Atamkulov
Ruslan Dalenov
Aidar Arifkhanov
Klaus Mangold
Thomas Mirow
Philip Yeo
Management
Arifkhanov Aidar Abdrazakhovich
Omarkhojayev Anuar Sagynaliyevich
Karagoishin Rustam
Kuatova Ainur Sainovna
Khamitov Yersain Yerbulatovich
Zhanke Timur
Omarov Marat
Akrachkova Dina Viktorovna
Nurgozhin Adil Yergaliuly
Son Vyacheslav Vladimirovich
Shamshin Arman Nurzhanovich
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.