Baiterek Holding and Roca Kazakhstan Discuss Progress of Sanitary Ware Plant Construction in Kyzylorda Region

On July 14 in Astana, Zhandos Shaikhy, Deputy Chairman of the Management Board of JSC "National Investment Holding "Baiterek," held a meeting with Daniel Jurado Hernández, General Director of Roca Kazakhstan. The parties discussed the implementation of the project to build a sanitary ware manufacturing plant in the Kyzylorda region, as well as the use of the Holding's support instruments for the project's further development. The meeting was also attended by representatives of the Holding's subsidiaries — the Development Bank of Kazakhstan, the Industrial Development Fund, the Kazakh Export Credit Agency, and the Kazakhstan Housing Company.

Roca Group is implementing an investment project in the Kyzylorda region to build Kazakhstan's first high-tech plant for the production and assembly of sanitary ware. The project envisages the creation of a production complex with a capacity of 500,000 units per year, with the possibility of increasing output to 1.0 million units, as well as around 300 permanent jobs and the training of Kazakhstani specialists. The products will be supplied to the domestic market and exported to Central Asian countries.

The plant is currently at the design stage. In parallel, preparations are underway to launch the assembly production of installation systems and mixers in the Kyzylorda region.

During the meeting, the parties discussed possible areas of cooperation: financing for Kazakhstani small and medium-sized enterprises to build a local supply chain of raw materials, components, and services around the future plant; export operation insurance and trade finance instruments offered by the Kazakh Export Credit Agency; and the inclusion of Roca products in housing construction and social infrastructure projects financed by the Holding's organizations.

"Roca Group's project will help establish a new industry in Kazakhstan and create demand for products from domestic suppliers. As part of its proactive investment policy, the Holding offers a full range of financial instruments — from supporting local manufacturers to export financing — to help the plant reach its design capacity and become a regional production hub," noted Zhandos Shaikhy.

The meeting was a continuation of talks held on June 23, 2026, in Brussels as part of the Head of State's official visit to the Kingdom of Belgium, during which Rustam Karagoishin, Chairman of the Holding's Management Board, and Alberto Magrans, Chief Executive Officer of Roca Group, discussed cooperation, with the company expressing interest in attracting the Holding's debt instruments.

Background information

Roca Group was founded in 1917 in Barcelona and is a manufacturer of bathroom products. The company operates in 170 countries, with 76 plants employing more than 21,000 people. The company's turnover exceeded €2 billion in 2024.

JSC "NIH "Baiterek" is Kazakhstan's national development institution, uniting 9 subsidiaries. The Holding provides lending, leasing, guarantee, export support, and direct investment instruments for projects in priority sectors of the economy.