Industrial Development Fund JSC
Industrial Development Fund JSC is a subsidiary of Development Bank of Kazakhstan JSC and is a part of the Baiterek National Management Holding JSC. The company was founded on September 6, 2005 in order to expand the instruments for financing investment projects provided by the Development Bank of Kazakhstan JSC.
Implementation, improvement and enhancement of the efficiency of state investment policy through leasing, development of the manufacturing industry, production infrastructure, as well as assistance in attracting foreign and domestic investment in the economy of Kazakhstan.
The mission of the Company
Assistance in modernization and renovation of fixed assets of enterprises in the industrial and infrastructure sectors.
JSC "IDF", being one of the key operators of state and government programs, such as the Unified Business Support and Development Program "Business Road Map 2020", the State Program for Industrial and Innovative Development, the State Program for Infrastructure Development "Nurly Zhol", provides medium and long-term financial leasing in priority sectors of the economy for the state, such as manufacturing, manufacturing and transport infrastructure.